As battery technology evolves, so does the need for Lithium content
87%
of batteries (LFP & NMC) require approximately
45-60kg
of lithium carbonate during production ¹
¹ Benchmark Mineral Intelligence. 2023 batter intensity estimates of NMC811, NMC622, NMC523, and NMC111
² “The Global Electric Vehicle Market Overview In 2023: Statistics & Forecasts”. Virta Global.
240M
estimated electric
vehicles (EVs) by 2030
10%
of the estimated global fleet
in 2030 will be made up by EVs ²
