Is there enough lithium to meet the world's demand?
Lithium is a hot commodity - integral to the world’s move towards sustainability, as its an essential component in electric vehicles.
Is it unsurprising then that global demand has skyrocketed?
German Chancellor Olaf Scholz recently flew to Latin America to secure more lithium supplies. Why? Almost half of the global lithium resources are located in the so-called lithium triangle between Argentina, Bolivia and Chile.
And for Scholz, this trip wasn’t just about boosting supplies to help the likes of the German car industry - it’s also about reducing China’s lithium dominance.
And Scholz isn’t alone in his desperation to secure more lithium.
Sascha and Darcy ask - is there enough lithium to meet the world’s demand?
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