With China as the world’s largest consumer of lithium, and Tesla forecasting 500,000 electric cars annually by 2020, where will the future of lithium come from and where should investors focus?
Industries of ceramics, lubrications and, most of all, batteries are driving the demand for this lightest-of-all-metals resource setting it to triple by 2020 with other car manufacturers looking to make the switch.
Brine produces about two-thirds of the world’s lithium resource and typically has a lower impurity outcome. But is this more efficient than hard rock mining platforms? With this in mind, what projects should investors focus on?
Watch here to see how brine is formed and where we can find it. Learn aspects exclusive to brine projects and if altitude and climate influence the grade and extraction process.