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The Lithium Mining Market Is Estimated To Expand 2.2x Its Current Market Value By 2031

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Pratibha Khopade
The Lithium Mining Market Is Estimated To Expand 2.2x Its Current Market Value By 2031

The detailed research report on the global Lithium Mining Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes note of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.

The research report on the global Lithium Mining Market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market.

The global lithium mining market is anticipated to surge at a CAGR of 7% over the decade. It is anticipated that the mining capabilities of prominent mining agencies such as Albemarle, Ganfeng Lithium, Livent, Nemaska Lithium, Orocobre limited, Sichuan Tianqi Lithium Industries, SQM, and Lithium Americas Corp will reach 120 KT by 2021-end.

 Market Players:

  • Albemarle
  • Ganfeng Lithium
  • Livent
  • Nemaska Lithium
  • Orocobre limited
  • Sichuan Tianqi Lithium Industries
  • SQM
  • Lithium Americas Corp

Lithium Mining Industry Key Segments

·        Source

  • Brine
  • Hard Rock
  • Others

·        Type

  • Lithium Carbonate
  • Lithium Hydroxide


·        By End Use

  • Batteries
  • Glass & Ceramics
  • Grease
  • Polymers
  • Flux Powder
  • Refrigeration
  • Others

How Has Lithium Mining Demand been Shaping across Established & Evolving Markets?

Argentina: Argentina, Bolivia, and Chile are together called a lithium triangle, as these three countries own more than 80% of the current accounted lithium mines across the globe. Currently, the province of Jujuy and Salinas Grandes are being mined by the Sales de Jujuy (Toyota and Orocobre JV) and Lithium Americas with Ganfeng, respectively.

China: China currently holds approximately 1 MMT of lithium, and is a prominent supplier of lithium across the country for its EV battery industry. Ganfeng Lithium is a key company that holds the market throne and is a renowned manufacturer of primary lithium metal.

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Read More Insights: https://www.factmr.com/report/lithium-mining-market

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