Rare metals watch
AU$4,051.85/oz24. July 2026AGEUR 1,623.60 / 1,785.10/kg24. July 2026CU$13,617.00/t24. July 2026AL$3,175.00/t24. July 2026NI$17,205.00/t24. July 2026ZN$3,633.00/t24. July 2026PB$1,865.50/t24. July 2026SN$53,250.00/t24. July 2026AU$4,051.85/oz24. July 2026AGEUR 1,623.60 / 1,785.10/kg24. July 2026CU$13,617.00/t24. July 2026AL$3,175.00/t24. July 2026NI$17,205.00/t24. July 2026ZN$3,633.00/t24. July 2026PB$1,865.50/t24. July 2026SN$53,250.00/t24. July 2026
Mining, markets, policy and technology intelligence
Eurasia editionSat, Jul 25Daily briefingSearch
Register

Companies & Organisations

US Startup Atana Elements Plans Lithium Exploration Beneath Volkswagen and BMW Factory Sites in Germany and Poland

US startup Atana Elements has secured exploration licences across 1.5 million acres beneath industrial sites near Volkswagen and BMW factories in Germany and Poland, targeting up to 26 million tonnes of lithium in a project backed by Antofagasta.

American startup Atana Elements is targeting lithium exploration beneath industrial areas in Germany and Poland where Volkswagen and BMW operate manufacturing facilities, in a project backed by Chilean mining major Antofagasta that aims to reduce Europe’s dependence on Chinese critical mineral imports.

The company has secured exploration licences covering approximately 1.5 million acres across regions around Salzgitter in Germany and Wrocław in Poland, according to the Financial Times. The fact that the exploration areas lie beneath facilities already consuming lithium in battery production is described as coincidental rather than by design.

Atana Elements is combining historical geological data with artificial intelligence technologies to identify promising lithium deposits, working in cooperation with Antofagasta. The company estimates it could extract up to 26 million tonnes of lithium across the two sites over the next 20 years — a figure that, if realised, would represent a significant addition to European domestic critical mineral supply. However, analysts cited by the Financial Times cautioned that the project remains at an early stage and that any assessment of actual production volumes is premature.

The initiative reflects growing interest in unconventional domestic lithium sources across Europe as governments and industries seek to reduce exposure to Chinese-dominated supply chains for battery materials essential to the electric vehicle transition.

More from the desk