Deep below the ground in Ukraine, where Russia continues to mount an aggressive attack, lies vast, untapped mineral wealth that could hold the keys to a lucrative, clean-energy future.
Chinese and Australian investors had been lining up to explore for lithium, a metal that is critical to batteries and the world’s transition to clean energy.
The global lithium resources will present a supply deficit of 9%-12% in 2021-2022, and the users have to rely on raw material inventory due to the raw material shortages.