Key Developments and Industry Dynamics in the U.S. Lithium Market The U.S. lithium market is experiencing a surge in growth due to rising demand for electric vehicles (EVs), renewable energy storage, and high-tech battery applications. Valued at USD 1.14 billion in 2024, the market is projected to grow at a CAGR of 12.48%, reaching USD 3.69 billion by 2034.
Lithium, often referred to as “white gold,” is essential for the...
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