Lithium: cost is king
Electric vehicles redefine lithium industry needs. In 2018, the global demand for the lithium industry was 270,000 tons, and lithium for electric vehicles accounted for 37%. The average compound growth rate of the lithium industry in the past 20 years was 8%. Benefiting from the rapid development of the electric vehicle industry, the demand for the lithium industry will be boosted. The compound growth rate of the lithium industry...
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