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SFGate reported it takes 50 pounds of lithium to run each electric car.
SFGate reported it takes 50 pounds of lithium to run each electric car.
As quoted in the market news:
Demand for the metal may double in the next eight years, driven by sales of batteries for electric vehicles. Pleasanton’s Simbol Materials, which is building a plant in the Imperial Valley of Southern California to extract lithium from brine, says output may jump to 64,000 tons a year by 2020 from an initial 8,000 tons.
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