About Lithium

Lithium compounds are used in the production of ceramics and glass, industrial lubricants, pharmaceuticals, air conditioning, are alloyed with aluminum for aircraft parts, and most recently, rechargeable lithium-ion batteries.

Lithium-ion batteries are increasingly being used in hybrid and electric cars, and a whole myriad of portable electronic devices such as laptops, cell phones, MP3 players and high-end electric tools. Due to the elevation in energy costs and environmental concerns, virtually every major automobile manufacturer is either producing, or is in the final stages of production of a hybrid and/or electric vehicle. The overwhelming battery technology of choice for all of these applications is lithium based.

High energy costs and global warming concerns have prompted further development and adoption of alternative energy generation technologies such as solar and wind. Many of these technologies capture energy when available and store it for future use. These storage requirements may also impact on lithium demand.

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