VFBATTERY REPORT

Raw Materials

Pages 164–181 (18 pages)

Battery Report 2023, page 174: Raw Materials
Text on page 174

Raw Materials

Lithium Metal | Market Growth

Lithium Metal | Market Growth

Lithium production data vs. market optimism for demand Keeping up with expected CAGR of projected battery demand projected requires lithium operations to either launch several new projects by 2028 or companies need to dial back on scale. Until recently, much of the recent annual production increases for lithium revolved around increasing output of existing mines rather than new sources.

Industry | P. Source: Battery Talk: Lithium in Batteries Part 1, Battery Talk: Lithium in Batteries Part 2,,Battery Talk: Lithium in Batteries Part 3

Extracted from the PDF; charts and images may read imperfectly.

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