Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Germany’s lithium reserves could sustain domestic needs for decades, study finds
    Headlines

    Germany’s lithium reserves could sustain domestic needs for decades, study finds

    Published by Global Banking and Finance Review

    Posted on March 6, 2025

    2 min read

    Last updated: January 25, 2026

    The image depicts the logo of Norway's Sovereign Fund, which plans to divest from Israeli companies due to the ongoing humanitarian crisis in Gaza. This decision reflects ethical investment practices and highlights the fund's significant influence in global finance.
    Norway's sovereign fund logo reflecting divestment from Israeli stocks amid Gaza conflict - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationsustainabilityresources sectorresearchfinancial community

    Quick Summary

    Germany's lithium reserves may satisfy domestic demand for decades, supporting EV production and reducing import reliance.

    Germany's Lithium Reserves Could Meet Needs for Decades

    BERLIN (Reuters) - Germany could have enough lithium reserves to cover its domestic needs for several decades, a study showed on Thursday, as Berlin seeks to boost its electric vehicle production and cut dependency on critical raw material imports.

    The German Raw Materials Agency estimates the country's lithium demand at up to 0.17 million metric tons per year by 2030. Germany's automotive industry relies on imports from Australia, Argentina, Chile and China to cover its battery production needs.

    Researchers and companies have been exploring ways to extract lithium as a byproduct of geothermal energy production in Germany's Upper Rhine Valley to boost domestic supply and renewable heating and power solutions.

    A study by the Federal Institute for Geosciences and Natural Resources and Fraunhofer IEG institute found that Germany had up to 26.51 million metric tons of lithium reserves, dissolved in deep underground waters, particularly in the North German Basin and the central Thuringian Basin.

    "This assessment of potential is new. When you add everything up, it turns out there could indeed be surprisingly high lithium resources lying dormant underground," Katharina Alms, the research leader at Fraunhofer IEG, told Reuters.

    In 2021, geologists estimated that the Upper Rhine Valley in the Black Forest area of southwestern Germany held enough lithium for more than 400 million EVs.

    Lithium exploration has gained momentum in Germany despite concerns over difficulties of extracting it.

    ExxonMobil subsidiary Esso Deutschland received four exploration licences in Lower Saxony in December. German oil firm Neptune Energy said in August it received exploration permits for the eastern state of Saxony-Anhalt.

    However, Alms said extracting lithium in Germany faces several challenges as not all locations contain high concentrations, making exploration unpredictable.

    Many identified lithium resources are also trapped in low-permeability rocks, making extraction technically difficult and surface extraction techniques sometimes require specialized methods that can be complex and time-consuming to implement on a large scale, she added.

    Germany imported 23.7 billion euros worth of batteries in 2023, with lithium batteries accounting for 86%, according to trade group ZVEI.

    (Reporting by Riham Alkousaa; Editing by Emelia Sithole-Matarise)

    Key Takeaways

    • •Germany has significant lithium reserves potentially meeting domestic demand for decades.
    • •Lithium is crucial for Germany's electric vehicle production.
    • •Current lithium imports come from countries like Australia and China.
    • •Geothermal energy production may aid lithium extraction in Germany.
    • •Challenges exist in extracting lithium from low-permeability rocks.

    Frequently Asked Questions about Germany’s lithium reserves could sustain domestic needs for decades, study finds

    1What is the main topic?

    The article discusses Germany's potential lithium reserves and their impact on domestic needs and EV production.

    2What are the challenges in lithium extraction?

    Challenges include low concentrations and technical difficulties in extraction from low-permeability rocks.

    3How does Germany currently meet its lithium needs?

    Germany currently imports lithium from countries like Australia, Argentina, Chile, and China.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Exclusive-Italy, France and Germany to lead EU critical materials stockpiling plan, sources say
    Exclusive-Italy, France and Germany to lead EU critical materials stockpiling plan, sources say
    Image for Greenland shatters temperature record, redrawing economy from fishing to minerals
    Greenland shatters temperature record, redrawing economy from fishing to minerals
    Image for UK university says 'serious incident' occurred near its Leicester campus
    UK university says 'serious incident' occurred near its Leicester campus
    Image for Xi, Putin hail ties in video call as Ukraine war nears anniversary
    Xi, Putin hail ties in video call as Ukraine war nears anniversary
    Image for What are Iran's ballistic missile capabilities?
    What are Iran's ballistic missile capabilities?
    Image for Exclusive-Donors reluctant to fund US-led Gaza plan as Hamas disarmament push stalls, sources say
    Exclusive-Donors reluctant to fund US-led Gaza plan as Hamas disarmament push stalls, sources say
    Image for Socialist poised to defeat far-right leader in Portugal presidential vote, poll shows
    Socialist poised to defeat far-right leader in Portugal presidential vote, poll shows
    Image for Olympics- Fears over ICE role at Milano Cortina 'completely unfounded', minister says
    Olympics- Fears over ICE role at Milano Cortina 'completely unfounded', minister says
    Image for Wartsila orders miss forecast, but upbeat on data centres
    Wartsila orders miss forecast, but upbeat on data centres
    Image for Pope Leo urges Russia and US to renew last nuclear arms treaty
    Pope Leo urges Russia and US to renew last nuclear arms treaty
    Image for Russia's oil and gas revenue halved in January y/y to lowest since July 2020
    Russia's oil and gas revenue halved in January y/y to lowest since July 2020
    Image for Ukraine, Russia begin second round of US-brokered peace talks in Abu Dhabi
    Ukraine, Russia begin second round of US-brokered peace talks in Abu Dhabi
    View All Headlines Posts
    Previous Headlines PostAir France-KLM ready to meet Portuguese government's conditions for TAP privatisation
    Next Headlines PostExplainer-How realistic is France's offer to extend its nuclear umbrella?