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Near insatiable demand for electric vehicles, piqued further by surging oil prices, is accelerating the scramble for components and raw materials. Miner Rio Tinto has completed the $825mn acquisition of the Rincon lithium project in Argentina. Car manufacturers and their suppliers have learnt from the semiconductor shortage of the past two years.
>>> Read more: Lithium/EVs: fears of a battery shortage will power up prices
>>> Read more: Lithium/EVs: fears of a battery shortage will power up prices
