Lithium has emerged as important for major countries and companies since it is one of the key inputs for the manufacture of lithium-ion batteries, which store the energy that powers mass-market electronic devices (such as telephones, tablets, laptop computers, wireless tools), automobiles and other electric vehicles, as well as electric power grids (when connected to wind turbines and photovoltaic cells). Demand for lithium is expected to triple between 2017 and 2025.
The government of India, which also has a Lithium strategy, should take note of the ongoing foreign investment in the Lithium Triangle of Argentina, Chile and Bolivia, which has more than half of the world’s Lithium reserves.
