Global lithium product applications, mineral resources, markets and related issues

Lithium's natural genes, namely its chemical properties, determine its irreplaceable and important role in many fields of modern society, and also determine why it has become one of the hottest green energy metals today and is inseparable from our daily lives. Therefore, lithium deposits and lithium products have become one of the most concerned resources in the world in the past decade, and have also become a hot spot for investment in the international market. During this period, although the price of lithium products has occasionally fluctuated, it has generally been on the rise. Many visionary countries have listed lithium produced locally as one of the critical metals and strategic resources and restricted it to prevent foreign investors from getting involved. As far as the global lithium resources we have mastered so far are concerned, the theoretical quantity is already large enough and seems to be enough for human consumption for a long time. However, many known lithium deposits, especially the brine lithium deposits that account for the majority, are still facing the difficulties of lithium extraction technology and low extraction rate. In other words, for now and in the foreseeable future, the difficulty and urgency of lithium ore prospecting are not as urgent as improving lithium extraction technology as soon as possible. Looking into the future, lithium products will continue to occupy an important position in clean metal energy. Developing the nuclear energy contained in lithium isotopes will be one of the keys to achieving a leap in new energy technology in the future of human society.