Lithium is a critical ingredient
SQM is the Chilean producer
ALB extracts lithium from the earth’s crust
A look at the lithium price- Ready for a significant rebound
Lithium is a chemical element with the symbol Li. It is a soft, silvery-white alkali metal. Lithium reacts violently with water, moisture, or steam to produce heat and flammable and explosive hydrogen gas, and toxic lithium hydroxide.
While lithium is a metal, it is soft enough to cut with a knife. It is so light, it floats on water, and a lithium fire is difficult to extinguish. The world’s leading lithium-producing countries are Australia, Chile, China, and Argentina. Lithium is an emerging energy commodity as lithium batteries power many EVs or electric vehicles.
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