
Associate Professor
University of Porto - FCUP
Why Lithium Is an Opportunity for Portugal and Iberia
Portugal and the broader Iberian Peninsula are increasingly recognized for their lithium potential, fueled by the global surge in battery demand related to the energy transition. Portugal, especially in the northern and central regions, hosts significant lithium-bearing mineral deposits, notably in pegmatites. Mineral-rich areas like the Vila Real and Guarda districts have attracted growing exploration and mining interest. Throughout Spain, extensive geological formations conducive to lithium extraction—such as granitic cupolas and metasomatic deposits—are found in regions like Galicia and Extremadura in Spain. Spain and Portugal have made considerable progress in developing lithium projects, positioning Iberia as a strategic player in Europe's energy transition. The favorable geology, ongoing exploration, and future political support could enable Iberia to become a key lithium producer. This potential promotes local economic growth and aligns with Europe's goal to secure critical raw materials domestically, enhancing energy independence and sustainability efforts.