Lithium: The demand for the world's critical mineral is set to soar

The world's carmakers are exploring mining companies in search of lithium and other metal reserves that could make or break their business as they move from fuel to battery power. In recent years, the...

Jul 04, 2023, 18:12 IST4 min
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In this aerial view, brine pools containing lithium carbonate and mounds of salt stretch through a lithium mine in the Atacama Desert, Chile. Natural brine is pumped from under vast salt fl...
Image by John Moore/Getty Images
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A battery-powered F-150 Lightning truck under production at Ford Motor Co. Rouge Electric Vehicle Center in Dearborn, Michigan, on September 20, 2022.Lithium"s availability, limited to a fe...
Image by JEFF KOWALSKY / AFP
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General Motors is investing $650 million in Lithium Americas, a company based in Vancouver, British Columbia, to develop the remote Thacker Pass mine (above) in Nevada. It"s estimated that ...
Image by Carolyn Cole / LA Times via Getty Images
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A file photo of a bottle of processed lithium carbonate&mdasha main component in manufacturing batteries. Turning mined lithium ore into the purer lithium carbonate or lithium hydroxide nee...
Image by John Moore/Getty Images
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Aerial view of a mining site and a parking area in the Salinas Grandes in Jujuy, Argentina. China is trying to increase its access to lithium. Chinese mining companies&mdashGanfeng, Suzhou ...
Image by Martín SILVA / AFP
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Employees work on the production line of an electric vehicle battery manufacturing unit in Hefei, Anhui Province, China. Hundreds of gigafactories across China are churning out millions of ...
Image by Aly Song / Reuters
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Miners and supporters march with flags and mining helmets during a rally supporting the left-leaning Bolivian government. Bolivia and Argentina have the largest lithium reserves, at 21 mill...
Image by Radoslaw Czajkowski/picture alliance via Getty Images
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The deep-sea mining vessel Hidden Gem near the Clarion Clipperton Fracture Zone in the Pacific Ocean. Deep-sea mining is the process of retrieving mineral deposits from the ocean below 200 ...
Image by Charles M. Vella/SOPA/LightRocket via Getty Images
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A file photo of Reasi, 75 km northwest of Jammu. Months after India found its first-ever lithium reserve of 5.9 million tonnes of lithium ore in Jammu and Kashmir"s Reasi district in Februa...
Image by Mukesh Gupta / Reuters
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A man charges an electric vehicle at the charging hub of Indian ride-hailing BluSmart Electric Mobility in Gurugram, India, December 9, 2022. The global lithium-ion battery market was value...
Image by Anushree Fadnavis / Reuters

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