Tag: BATTERIES
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Lithium Demand Outlook: Growth Amid Market Fluctuations
Despite market fluctuations in the early 2020s, the global demand for lithium remains on a strong upward trajectory. This growth is fundamentally anchored in two accelerating trends: the widespread adoption of electric vehicles (EVs) and the integration of renewable energy sources into the power grid. Both sectors rely heavily on lithium-ion battery technology, making lithium…