article thumbnail

GlobalData: Global lithium production to triple over the next four years

Green Car Congress

High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. After moderate growth in lithium supply between 2010 and 2017 of 6.4%

Chile 240
article thumbnail

Elon Musk is projected to become the World’s First Trillionaire in 2024

Teslarati

Musk’s wealth skyrocketed over the past few years thanks to his majority ownership of his electric car company Tesla, which increased in value substantially since 2020. SpaceX also has helped Musk’s net worth skyrocket and could catalyze even more growth in the next two years. ” Credit: @Gf4Tesla/Twitter.

Mali 145
article thumbnail

Could SMIC become a global player in semiconductor industry

Baua Electric

The company has been working on advancing its process technologies, including the development of smaller nanometer nodes, to compete with other leading semiconductor manufacturers globally. Changes in international relations can impact the ability of companies like SMIC to operate on a global scale.