By the end of November, the Federal Office of Economics and Export Control had received a total of almost one million applications for subsidies.

To be exact, there were 962,812 applications for subsidies and since the end of October 2021, almost 65,000 new applications have been added, which is a new high. This means that the purchase premium applications for e-cars and plug-in hybrids are showing impressive growth. December 2020 saw the previous high of just over 58,000 applications. Of these, just under 39,000 applications were for electric cars, just over 26,000 applications were for plug-in hybrids and three applications were for fuel cell vehicles. Buyers are happy about the premiums. Overall, more companies than private individuals are requesting the premiums.

To ensure that the further expansion of electromobility is successful, the number of charging stations is also being increased. There are currently almost 26,000 charging stations in Germany, a good 4,000 more than a year ago. According to the International Energy Agency (IEA), registrations of vehicles with electric drives rose by around 41 percent worldwide last year. A development that can no longer be stopped. This is where the necessary raw materials come into play, which the increasing electromobility will devour. An important component of lithium-ion batteries is lithium.

The largest and also economically mineable lithium reserves are located in Chile. Australia has the second largest reserves of this highly sought-after raw material. Well known in this context is the "Lithium Triangle", located in Chile, Argentina and Bolivia.

Lithium in the properties has, for example, Millennial Lithiumhttps://www.youtube.com/watch?v=4iftwdjuCAU -, recently acquired by Lithium Americas.

Elsewhere, namely in Mongolia, ION Energyhttps://www.youtube.com/watch?v=f1D_y49h7eQ – is located with its lithium projects Baavhai Uul and Urgakh Naran.

Current company information and press releases from Millennial Lithium (- https://www.resource-capital.ch/en/companies/millennial-lithium-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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