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North American energy storage to drive lithium carbonate demand through 2031
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Market research firm Mordor Intelligence expects the global lithium carbonate market to grow from 141-million lithium carbonate-equivalent (LCE) tons in 2026 to 3.93-million LCE tons by 2031, marking a 22.74% compound annual growth rate (CAGR), with new projects in Chile and Nevada gradually expanding supply outside of China.
China currently accounts for between…
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