Due to its specific properties, lithium for rechargeable batteries will continue to be an indispensable, non-substitutable key component for e-mobility and the expansion and storage of renewable energies (wind, solar) in the coming decades.

In the updated study, DERA assesses the future market supply for lithium in six global and two European scenarios. Based on demand in 2020, demand could increase by a factor of four to eight by 2030.