Long Term, Stable Supply Of Lithium Is Integral To Supply The Demand For Battery Technologies
+40%
year-on-year growth in electric vehicle sales for over 10 years
30x
Electric Vehicle stock projected to be 30x greater by 2030 based on current government policies
🡅
Rapid scaling of EV production committed by top auto makers
Lithium demand is rapidly increasing in response to movement to green technologies and their reliance on battery materials. However, the increased reliance of battery producers on lithium hydroxide derived from spodumene will lead to a declining use of lithium carbonate derived from brines. In real terms, the use of lithium carbonate may increase but, in terms of market share for the battery industry, it will decrease.
