The lithium price continues to grow as demand for EVs exceeds supply due to material and refinery bottlenecks. However, lithium is not a rare mineral, it is the 33rd most abundant element present in nature and is distributed widely in trace amounts in soils, rocks, seawater, surface and ground. Mining it involves expensive extraction techniques and takes a long time which does raise barriers for miners to enter the business.
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Where does World's Lithium come from?
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