Russian industrialist Boris Zingarevich obtained control of lithium battery manufacturer Ener1, causing anxiety for some industry stakeholders.
Articles Tagged "Russia"
Gas2 reported that a new lithium battery plant in Russia is the largest in the world.
Mineweb.com reports that the demand for the metal set is to grow as car makers increasingly look to lithium as a fuel solution, so Chile, Bolivia and Afghanistan are emerging as the giants of lithium resources.
The Russian government is currently spending billions of dollars to upgrade its electrical infrastructure ahead of the Olympic Winter Games in 2014, so this may be the first of several contracts for Ener1.