Lithium is currently an essential material for rechargeable batteries – from electric car batteries to those found in household electronics. With the push to create electric batteries that can power a new future of transportation and technology, the demand for lithium, a non-renewable resource, has skyrocketed: in 2014 it cost US$6,500 per tonne, in 2016 it climbed to US$9,000, and in 2020 it reached a whopping US$17,000. In a 2020 report, the World Bank forecasted that lithium production would need to increase by 500% by 2050 to meet the projected growing demand for green technology.
Lithium ...
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