Changes in the Lithium Market Drive Growth in Canadian Mining
NetworkNewsWire Editorial Coverage: Growing demand for powerful batteries, coupled with attempts to break China’s hold on the market, are leading to growth for Canadian lithium explorers. Lithium is essential for batteries used in personal electronics and electric vehicles. The recent rise of electric cars, together with faster than expected production of other electric vehicles, is creating a huge rise in demand. The market’s current top global suppliers are China and Chile. Emerging companies in Canada are starting work on alternative sources of lithium that could reduce reliance on these two countries. One of the companies setting up new Canadian mines…
