Lithium carbonate, used for the production of the batteries used in EV's, has risen in the last few months. Lithium mining results in environmental pollution. Improperly disposed lithium batteries can cause landfill fires . The resultant toxic chemicals released into the air can impact air quality.
Australia and Chile are the countries best positioned to capitalize on the lithium rush. Lithium producers in the Sichuan province of China, home to factories of some of the world’s biggest companies and the producer of about half the country’s lithium, have either suspended production or lowered their operating rates in response to a electricity crunch.
Recent lithium news:
European Commission (EC) may classify lithium as a Category 1A reproductive toxin. Zimbabwe lithium reserves & China investment.
Tesla and automakers affected by high lithium prices.
EV's face increase costs due to rising commodity prices of essential materials for EV production.
