Lithium Mining

Lithium is the lightest metal and a fundamental component of lithium-ion batteries powering electric vehicles, energy storage systems, and consumer electronics. The lithium market has experienced extreme price volatility, with prices surging on EV demand forecasts and then correcting sharply. Production comes from two main sources: hard-rock spodumene (mainly Australia) and brine evaporation (mainly South America). Costs vary dramatically between these methods.