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Yellen visits US lithium site in Chile, eyes progress on green transition – ET Auto

Baua Electric

With 30% of global market share and the largest lithium reserves, Chile is also the world’s second biggest producer of lithium, which is expected to see a tripling of demand by 2030 given its key role in energy storage, such as for EV batteries. There would be shifts in the medium- to long-term as the U.S.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Mineral market analysis company Benchmark estimates that at least 74 lithium, 55 cobalt, 64 nickel and 97 graphite mines, as well as 54 new synthetic graphite factories will be needed by 2035 to meet the global demand for EV and renewable energy storage batteries. North Carolina has provided $1.2 billion to Rivian.

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