Europe's EV battery strategy threatened by supply chain gaps, Eramet says


FILE PHOTO: A cross-section of a completed battery for a Nissan Leaf car is seen inside the Envision battery manufacturing plant at Nissan's Sunderland factory, Britain, July 1, 2021. REUTERS/Phil Noble/File Photo

PARIS (Reuters) - Europe is still not investing enough in the supply chain for electric vehicle batteries and this could leave its planned gigafactories short of coveted minerals, French mining group Eramet said.

Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials and may have to turn to non-European players, Pierre-Alain Gautier, its head of corporate affairs and partnerships, said.

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