spigot alicio mine in portugal just never opened. this is the w business. i'm janelle de malott unwelcome stalks around the world and oil prices slid monday. i made concerns about protests in china against the governments. a 0 cove id strategy. the calls for an end to lockdown have spread across the country, making it china's biggest wave of protests since the 1989 pro democracy rallies. the unrest has caused worries and the markets. china link stocks are more affected by the sell off and crude oil prices has slipped to the lowest level since december last year. chris beecham is a chief market analyst at i g very, you are chris. so the 0 of it strategy has clearly caused a lot of suffering. it's driven people to the streets at this point. what is the way out? well, it's very hard to think to price in really did, did these demonstrations in china require are pressing in their scale?

ah, and that might require some kind of gum is also think what's bothering markets at the moment is what that response will take. and whether it way we'll see maybe the communist party pushed for an earlier loosening of code restrictions to respond to clearly this public unrest. ortho, they'll go for the other option which of these, following marcus a lot more was perhaps a survey crackdown to limit these demonstrations. and that would also hurt chinese academy. so that's why you're seeing that weakness in markets and in all prices this morning. so as you've pointed out, markets ours thought by this because of the unpredictability, we don't know what the government is going to do. but what are the other concerns? is it supply chains? unrest, perhaps in the world's biggest market. yes, this is what you have, what you're saying, i think is the markets we're doing it's, it's thinking as it goes along with we know how to price it, how big these demonstrations will get miss you say, where are the, the repercussions coming through of what he had some issues with apple at the force

can factor under separate matter, but i doubt it. it's tying into a whole range of issues about supply chains and we going from last year where we weren't about to much supply. and so what to get that to the economy, to now to little and how that will affect demand. of course, we know that with western economies facing recession next year, a disruption supply from china is just one of the things they, we do not need at this point in time. now i know this is going to be difficult to say, but what are the chances that the economic impact of all of this could lead to more social and rest? and then we find ourselves in the cycle. i think that's, that's the big worry. i think the mobile market, which is why they've been watching, anxious to see what kind of responsibility, whether these protests continue to spread it very much sort of uncharted waters here, which i want used to seeing these popular demonstrations is level of discontent. and i think it's again for marketing center, i still worry very much about recession next year. yet another issue that i have to factor in, as well as dealing with the impact of these energy prices,

when ukraine expected recession in europe in u. s. and those high interest rates were seeing across the globe. so that's why you're getting this negative reaction this morning. thank you very much. chris beecham is the chief market analyst at i g. thank you so much for your insights today to portugal now, where the discovery of large deposits of lithium once filled hopes, the country would become home to the world's largest mining operation of the rare metal and important component and battery powered technologies. but those hopes have not quite materialized. our reporter marcus bonus looks into why that is this hill is what britain savanna resources found lithium in 2018. 2 years later, europe's largest lithium mine was scheduled to open. but this is what the place looks like today. there's only one reminder of the mining plants this company

information office. meanwhile, locals are pushing back against the mining plans, including either fernandez and nelson gomez. farmers and residents have one goal to stop. the mine says switch good cost scheme was we successfully educated people and explain to them that the mining project wasn't as beneficial to us as they had said . and that they can't do things that way. as president obama efficiency, the local store want a mine, they're very clear about that in the original plants were bass. i read it and because they were so bad, we don't believe that will improve much. we only hope that we can even see all the documents and have a fair chance to make our case and protect the environment. here we're again us. the local government has made big promises, looking at a value chain, ranging from mining to battery cell manufacturing. they won't answer questions

about the delays. no time for interviews, they see answers can be found further south. here the portuguese mining firm, amina, is digging for copper and sink. and it plans to add lithium to the product mix planning began 10 years ago. that's too long for many investors says the ceo this will boldly be important for our socrates to think about it and redesigning your process is people think a lot the balter laws, but the don't think about her, the economical way of doing it. licensing and many government departments are bad, the organized leading to delays. that means new mining methods for lithium, like the one developed by geologist alexander lima. and his team are unlikely to be used here in town, boston or set up week out of them was possible that they won't be use in portugal any time soon,

but it's likely that other countries will go ahead weigh sweeten austria, ireland, finland, even spain right next door where they want to open mines, vizier, wildly of course furnished lava. portugal may miss the boat unless him development . it would be well come news for the residence, of course to buroso. i'm joined now by hobart aspired. he is the head of research at the german economic institute. welcome to the show. how about us? can you perhaps give us a sense of the global demand for lithium, global demand for lucy room massively in the next couple of years back projections and believe that there's a factor for hire for this month i do a 2040, so there's a lot of need for a minute, just to production and every round the road, it's not a single line. mm hm. so but what challenges exist in terms of getting the

supply of lithium that is needed? well, one sentence, if you really have to go, it's a big investment. you must be a reasonable price. and then of course there are a lot of are issues that have to be so that can be so. so for example, their social issues in bolivia, that's one of the reasons why this is production, but it didn't take off yet a couple of projects in europe. and of course in europe, people are looking more on our environmental conditions and relevant issues. but that has to be i believe it can be so now if pointed out there that it is quite an extractive industry, their environmental and social impacts. but we've also seen like in a report there earlier that there is a lot of community pushback. what can you say about like the social acceptance of lithium mining and whether that could get in the way of ensuring supply? if that is what is needed?

so to acceptance of mining europe, this is not very good, like many infrastructure. so you see a lot of resistance against any kind of infrastructure, but it must be clear that we cannot say why we need to live someone else with some problems which are probably worse than other we rather than europe. and say we need, we want to go for electric for better with if you want to be more friendly in our class or by using that's related, we must. and so that we have enough resources. one of the most important is lithium . if we could clear out in this, we should definitely do so there to start there he is the head of research at the german economic institute. thank you for joining us on our program. thanks for

having me. and as the carbon ization take center stage, countries across the world are looking at encouraging investment in green technology. even those that have benefited from high energy prices like the united arab emirates, which aims to become the world's biggest exporter of green hydrogen. here's how divide this glittering city was born out of the profits from oil and gas. now, do the emirates want to become pioneers of renewable energy with class to produce a quarter of towards green hydrogen. the sun drenched city is surrounded by swats of desert on which the world's largest solar park is being constructed. it's low cost green energy in abundance, and it helps power the 10000 square meter hydrogen plant next door. hydrogen is produced here using

a fairly simple process. first tap water is purified and disseminated. it's then heated to 60 degrees before being fed into the center of the plant. it is then split into oxygen and hydrogen. the oxygen escapes while the hydrogen stores energy for power and heating has she missed? my a says the past 2 years, her proved very destructive. many lesson was learned. we learned the different maintenance operation procedure, the safety procedure. we learned how a different level of sensor need to be at least a different location. we also train a moratti's ah young morality to handle the future. here at to plant, the hydrogen is burnt and channeled into the biased power grid. what we're producing enough energy to power 500 households. and this is just to start,

says fog water while avoiding his industry. and because we want to developed his industry and that requires courage, courage, which all the involved parties, him mustered together live time. now the aim is to go further and set up many more such plants female that also mahan when just female. so she put up to launch technology because can also be exported. but only once it has been cooled and convert. it's possible, but costly. germany is keen to do business with the emirates, but the novel technology is big breakthrough will likely still take some time. and a reminder of the top business story we're following for you this. our stocks and oil prices lead monday. i made concerns about protests and china against the government. 0 coven strategy calls for an end to lockdown, to spread to multiple cities, making it china's biggest wave of protest since 1989 pro democracy rallies and rest has caused worries and the markets. that's all for me and the business team here in

berlin for more from us had to d w dot com slash business. thank you so much for watching. with awe with

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this is d, w, y, from berlin, china clumps down on protests against that, 0 covey to policy barriers. go office, please deal with demonstrators calling for president james and paying to resign. also on the program, an exclusive report from cassandra southern new crying, we hear about being left to prisoners held by brush.