It is a material that is the basis of high value-added industries such as mobile phone batteries, electric vehicle batteries, and large-capacity power storage devices.
Fortune Business Insights, a global market research firm, predicted that lithium demand will steadily increase.
It is predicted that the global lithium market will grow 22% annually from about 31 trillion won last year, and grow to more than 188 trillion won by 2032.
So where is lithium mainly produced?
As of last year, 86,000 tons were produced in Australia, nearly half of the world's production.
Lithium from Australia, Chile, and China, the world's three largest lithium producers, accounts for nearly 90% of global production.
Until now, we have only looked at some countries exclusively producing lithium.
Finally, our company also started lithium production in Argentina.
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