February 10th 2019
According to Benchmark Mineral Intelligence, there are now 70 lithium-ion battery megafactories under construction across four continents, 46 of which are based in China, with only five currently planned for the U.S.
Moores went on to explain that lithium demand will increase by over eight times, graphite anode by over seven times, nickel by a massive 19 times.
VRC/BKT, page-58
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