Lithium (Li)

Lithium: Spodumene ore and concentrate

• Lithium-ion will be the leading technology in the electric vehicle industry.
• Market will be supply constrained into 2040
• CAGR of 19% year on year 2022 to 2027, from 119’000Mt to 292’000Mt of Lithium LCE. The EV industries need roughly five new mines each year