Benchmark: world needs more than 300 new mines by 2035 to keep up with Li-ion battery demand; need for recycling
Green Car Congress
SEPTEMBER 10, 2022
Demand for lithium-ion batteries is set to grow six-fold by 2032, according to Benchmark. Accordingly, the world needs more than 300 new mines to be built by 2035 if raw material supply is to keep up with this demand, according to a new analysis by Benchmark.