Due to properties such as high thermal and electrical conductivity, low density, and high electropositivity, lithium is a key material used in numerous industries, including the ceramics and glass industry, air conditioning, greases, dental prostheses, various alloys, and medicines.

Electronics are the cornerstone of the lithium market, with about 59% of global lithium production being used to fabricate lithium-ion batteries (LIBs) for electric vehicles, phones, tablets and other devices.¹