Lithium looking positive
Lithium is fundamental to a more sustainable way of producing power, and the Australian government has recognized through their first ever investment in a lithium mine.
Lithium is expected to be in great demand in the coming years, as more and more everyday devices are powered by batteries containing the metal. In response, the Australian government plans to invest in a lithium mine for the first time.
The long-term goal is to allow for the use of more renewable energy. Australia was the world’s largest lithium producer in 2016, and with further investments it looks set to remain so.