Researchers See Plentiful Lithium Resources for Electric Vehicles

R&D Magazine reports that researchers from the University of Michigan and Ford Motor Co. concluded that resources of lithium exist for the next 90 years.

The market news is quoted as saying:

The researchers compiled data on 103 deposits containing lithium, with an emphasis on 32 deposits that have a lithium resource of more than 100,000 metric tons each. Lithium is a key ingredient in the development of certain types of batteries, and is a key element of batteries used in hybrid and all-electric vehicles.

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