This infographic compares the minerals used in a typical electric car with a conventional gas car.

After all, who wants to spend big bucks on a vehicle right now in China?

They live off what they earn from the scraps of silver they find in Cerro Rico, which is slowly sinking and collapsing onto itself.

“That fundamental mispricing has in turn generated an outsized supply response well ahead of the demand trend.”

The company published a positive pre‐feasibility study for the project this week, confirming the NAL operation’s technical and financial viability over a 27-year mine life.

The project, known as Grota do Cirilo, is expected to produce 531,000 metric tonnes of lithium per year from two deposits.

Demand has outstripped supply, pushing prices up almost 500% in a year.

Nano One Materials to buy Johnson Matthey Battery Materials Canada for lithium-iron-phosphate cathode facility.