Ms Kaufman said Rio anticipated enormous demand for lithium thisdecade and beyond and a big supply shortage even if every lithium project inthe pipeline made it into production.
Rio sees the world being short by more than amillion tonnes based on all mines in the planning stage going ahead and forecaststhat electric cars will make up 50 per cent of light vehicles on the road by2030,
Benchmark Mineral Intelligence chief operating officer AndrewMiller said the capital flow into lithium production was not keeping up withgrowth in demand despite concerned car and battery makers wading into thedownstream space.
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