How realistic do you think it is for Europe to become truly independent in terms of our battery value chain? given the dominance of China as it relates to mining, refining and battery manufacturing?

Well, obviously it's quite hard.

We are so much behind of the Chinese big companies and technologies, that is clear.

On the other hand, I think that with the right type of cooperation and also political support, we definitely should have all the capabilities to catch up and then build these local value chains.

I actually think that we must do that.

It will be costly.

It will be slow, but that is the direction where we should go.

Does Europe have the urgency required to build these projects?