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Panasonic joins US project that extracts lithium for EVs 'in weeks'

Japanese battery maker teams with Schlumberger in search for stable supply

Brine pools at a lithium mine in Chile: Recovering lithium through the evaporation pond method typically takes more than a year.   © Reuters

OSAKA -- Panasonic has joined a project led by U.S. oil services leader Schlumberger that seeks to extract lithium from underground salt water in a fraction of the time, reducing the process from over a year to a matter of weeks.

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