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How the U.S. fell behind in lithium, the ‘white gold’ of electric vehicles

• ryzvonusef 5y ago
  >The price of lithium is soaring, up 280% since Jan. 2021, and establishing a domestic supply of lithium has become the modern-day version of oil security. But today, the U.S. is far behind, with only 1% of global lithium being mined and processed in the U.S., according to the U.S. Geological Survey. >More than 80% of the world’s raw lithium is mined in Australia, Chile, and China. And China controls more than half of the world’s lithium processing and refining and has three-fourths of the lithium-ion battery megafactories in the world, according to the International Energy Agency.