Will Lithium Supply Meet Soaring Demand?
An ever-growing appetite for the key battery metal is raising questions about a supply–demand balance in the market. As the world moves towards a decarbonised future, it is becoming increasingly clear that mining – namely its ability to extract vital future-facing minerals from the ground – will play a significant role in that journey. Lithium is among the most important of these minerals. A lightweight metal used in the cathodes of lithium-ion batteries, which power electric vehicles (EVs), lithium demand has increased significantly in recent years – it is expected to reach…
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