Mexico does not yet have commercial lithium production, though close to a dozen foreign companies hold contracts to explore potential deposits.

The battery-storage market was picked as the sector with the most potential in a Bloomberg News survey.

There are now almost 250 different battery-electric models for sale in China’s passenger car market.

Redwood Materials, the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components.

The troubled Goro nickel mine — one of the world’s largest deposits — has been forced to reduce production to address a leak from its tailings dam.

The Baptiste pit-constrained resource estimate includes 1.82 billion tonnes of indicated resources grading 0.211% total nickel.