Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030
FN Media Group Presents USA News Group News Commentary
VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ — USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America’s domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world’s lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that “By 2030” those countries’ share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX:AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX:LAC).
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