LITHIUM INVESTMENT
In line with the breakneck growth in lithium demand, driven by the unprecedented use of the soft, silver-white metal in new battery technologies, investors are increasingly scrutinising South American countries such as Bolivia, Chile and Argentina, where about 70% of the world’s known lithium deposits are found, to ascertain investment stability. Despite various market analysts contesting the pace at which lithium demand was growing, London-based risk management consultancy PGI Intelligence believed market trends indicated that lithium would be an increasingly profitable sector in mining in the next five years.
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