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Albemarle inaugurates new $500M lithium plant in Chile; doubling production and reducing water consumption by 30%/tonne

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Albemarle Corporation, one of the largest lithium producers in the world and present in Chile for more than 40 years, inaugurated its third chemical conversion plant, La Negra III/IV, in Antofagasta, Chile, as one of the most modern chemical conversion plants in Latin America.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. There aren’t many American properties out there like ours.”.

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Li-ion Reserve in the World: How it Revolutionised the EV Industry

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Though steam was doing well powering the trains and factories incorporating a steam engine into a personal car was not a practical and efficient way and soon became obsolete mainly due to the long starting time and the need to fill water in a short span with other numerous other inconvenience. Lithium Deposits In The World.

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Nature editorial: environmental and human costs of Li-ion technology must be addressed quickly

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The market for Li-ion batteries is projected to grow from $30 billion in 2017 to some $100 billion in 2025. Extracting the raw materials, mainly lithium and cobalt, requires large quantities of energy and water. This would have a considerable carbon footprint. Batteries are crucial for Earth’s low-carbon future.

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