By 2025, the market for mined lithium raw material may be worth $20 billion, compared with $43 billion for refined products and $424 billion for battery cells, according to a base case scenario outlined in a 2018 study published by the Australia-based Association of Mining and Exploration Companies • By 2030, the supply of lithium-ion batteries will need to increase by more than 10-fold, BloombergNEF forecasts, with electric vehicles accounting for more than 70% of that demand • Which Lithium Miners Will Benefit The Most? Email Now To Access Our Lithium Sector Algo Trade Alerts: inquiries@ppchk.net

