The Lithium Compound Market is driven by increasing EV adoption

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2024-06-26 09:36:47 -

Key TakeawaysKey players operating in the Lithium Compound Market are focusing on capacity expansion projects to meet rising worldwide demand. For instance, in 2021, Albemarle Corporation began construction of a 50,000 metric tons per year lithium conversion facility in Hollywood, North Carolina. The lithium compound market is witnessing growing demand from the automotive industry as electric...

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