Aluminum   $ 2.1505 kg        |         Cobalt   $ 33.420 kg        |         Copper   $ 8.2940 kg        |         Gallium   $ 222.80 kg        |         Gold   $ 61736.51 kg        |         Indium   $ 284.50 kg        |         Iridium   $ 144678.36 kg        |         Iron Ore   $ 0.1083 kg        |         Lead   $ 2.1718 kg        |         Lithium   $ 29.821 kg        |         Molybdenum   $ 58.750 kg        |         Neodymium   $ 82.608 kg        |         Nickel   $ 20.616 kg        |         Palladium   $ 40303.53 kg        |         Platinum   $ 30972.89 kg        |         Rhodium   $ 131818.06 kg        |         Ruthenium   $ 14950.10 kg        |         Silver   $ 778.87 kg        |         Steel Rebar   $ 0.5063 kg        |         Tellurium   $ 73.354 kg        |         Tin   $ 25.497 kg        |         Uranium   $ 128.42 kg        |         Zinc   $ 2.3825 kg        |         
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The construction of Europe's largest factory for manufacturing batteries for electric vehicles near the city of Debrecen in eastern Hungary is a significant undertaking This endeavor, spearheaded by China's Contemporary Amperex Technology Co Ltd , stands as a prominent symbol of Hungary's commitment to thriving in Europe's green transition Notably, Hungary ranks at the forefront globally in terms of per capita battery production acceleration

However, beyond the economic benefits, concerns have been raised by environmental activists, community leaders, and political opponents regarding the potential costs associated with this ambitious plan Critics argue that the government, which exercises control over various aspects of Hungarian society, including the courts, regulators, and media, has overlooked these concerns in its pursuit of securing its future rule

The partnership between CATL and Mercedes-Benz AG in constructing a $7 8 billion facility is hailed as Hungary's most significant foreign direct investment to date Two other battery suppliers are also building their own plants adjacent to the site, while another Chinese firm, EVE Energy Co Ltd , is establishing its facility next to BMW AG's newly constructed factory

Multiple concerns have emerged in relation to these developments These include the potential loss of valuable agricultural land, strain on water and energy resources, and questions surrounding the proper disposal of used batteries Additionally, there is apprehension regarding the possibility of accidents in factories dealing with hazardous materials such as lithium

Town hall meetings concerning these battery-related investments have often devolved into heated arguments, even in areas traditionally aligned with Prime Minister Viktor Orban's ruling Fidesz party Some individuals have labeled local officials as "traitors " In response to the outcry, the government has amended laws to eliminate the requirement of in-person consultations


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