Know Your Watts 005

Lithium is one of the lightest elements with atomic number of 3. Only Hydrogen and Helium are lighter.

Lithium has been an important additive to alloys and glass for a long time but with its latest use is in Lithium Ion batteries, global production has doubled in last 4 years. Current projections show demand growing  over 30 times in next 10 years.

Currently Australia, Chile and China produce over 80% of world lithium supply and China alone producing over 70% of world lithium-ion battery cells.

Lithium production growth has increased and production doubled in just last 4 years

India currently has limited known Lithium reserves, but work has started to identify and tap reserves of “the new oil”.

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