With China as the world’s largest consumer of lithium and domination of the Electric Vehicle (EV) market, accounting for half of all EV sales, and Deloitte forecasting $3.1m electric cars annually by 2030, where will the future of lithium come from and where should investors focus?
Equity is approximately 32% of the DTM market sales of new car sales. It is expected that by 2030 China will hold 49% of the gloabl EV market, with Europe 27% and the United States 14%.
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.