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The analysts forecast the Global Lithium market to grow at a CAGR of 9.74 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing use of Lithium in Li-ion batteries. The Global Lithium market has also been witnessing the increase in the number of lithium exploration projects. However, the lack of professionals and skilled labor in the Lithium Mining industry could pose a challenge to the growth of this market. 

Read more: http://www.digitaljournal.com/pr/1849331#ixzz2ytyMfZuP