Lithium

Provenance

The “Lithium Triangle” of Chile, Argentina, and Bolivia contains about 58% of the world’s known lithium reserves. Australia has become the largest producer, extracting lithium from hard rock mines in Western Australia. China is a significant producer and processor of lithium. New projects are being developed in various countries, including the US, Canada, and Serbia.

Impact

Lithium is driving the clean energy transition, particularly in electric vehicle production. It is creating new economic opportunities in producing countries and fostering technological innovation. The lithium industry is spurring investment in battery technology and energy storage solutions, contributing to global efforts to improve energy efficiency.