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The Lithium market is a subset of the Non Ferrous Metals industry. Lithium is a soft, silvery-white metal that is highly reactive and flammable. It is used in a variety of applications, including batteries, lubricants, pharmaceuticals, and glass. Lithium is also used in the production of alloys, such as aluminum-lithium and magnesium-lithium. The demand for lithium has grown in recent years due to its use in electric vehicles and other green energy technologies.
The global lithium market is highly competitive, with a number of major players. These include Albemarle Corporation, FMC Corporation, SQM, Tianqi Lithium, Ganfeng Lithium, and Orocobre. These companies are involved in the exploration, production, and distribution of lithium products. They are also involved in research and development of new technologies related to lithium. Show Less Read more