South American Real Estate News
/ Category / electrical power

Lithium is the new Oil and is in an undisputed bull market

South America Lithium is the new Oil Demand for more efficient energy storage is an ongoing structural thematic will continue through the next decade. Lithium-ion batteries for consumer electronics, Electrical Vehicles (EV) and Electrical Energy Storage systems, will see Lithium demand grow at >10% cagr through to the end of the decade to 300ktpa+. The major demand swing factor is from EV for whom the outlook continues to brighten. This is evidenced by the major car manufacturer’s commitment to rolling…