Mad Scramble for #Lithium Stretches From #Congo to #Cornwall
#Lithium, which is dominated by three large producers, has surged as demand increases for lithium-ion batteries used in #ElectricVehicles and energy-storage systems. #Bloomberg New Energy Finance projects that electric vehicles will make up more than half of new sales globally by 2040. And uncertainty about global production growth means car manufacturers are seeking to lock-in future supplies of the metal.
Read more at: https://www.bloomberg.com/news/articles/2017-10-24/mad-scramble-for-lithium-mines-stretches-from-congo-to-cornwall