The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.
Lithium is enjoying a growth story unlike any other commodity these days, driven by the global emergence of the electric vehicle market, expanding demand for high‑capacity energy storage and the ubiquitous presence of ever‑lighter, more powerful, consumer handheld devices.
The China Lithium-Ion Battery market has seen a massive surge in growth over the last years, with a CAGR in excess of 50% since GCiS’ previous research conducted in 2011.
The Battery Series is a five-part infographic series that explores what investors need to know about modern battery technology, including raw material supply, demand, and future applications.