Infographic: The Rise of Lithium

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Thanks to strong demand for pop gadgets such as the iPad, lithium has become one of the fastest growing markets. In fact, a recent report suggests the lithium market is worth almost $1 billion annually.

Lithium ion batteries are already widely used in most mobile and power gadgets, and are poised to power the future of green technology. By that extension, critical components of lithium-ion batteries such as graphite are expected to see a similar boost in demand. 

Check out the following infographic by Visual Capitalist and see how the lithium market has changed over the years.

 

Related News: Lithium Prices Triple With Demand from iPads, Hybrid Vehicles

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The Rise of Lithium

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