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

Green Car Congress

After moderate growth in lithium supply between 2010 and 2017 of 6.4% per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones.

Chile 240
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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. “In 2017, e-commerce and global procurement giant Jeff Bezos was the first to reach $100 billion since Bill Gates back in 1999,” Approve’s report said.

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