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BMI Predicts Lithium Shortfall in 2025

The world is set to experience a major shortfall in lithium supplies as early as 2025 thanks to surging demand for the metal. Lithium is a key ingredient in the development of batteries for electric cars, electronic devices, and energy-storage solutions for renewable energy sources such as solar and wind.

As countries ramp battery electric vehicles and renewable energy infrastructure development, demand for lithium is…

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