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Global demand increases for Li-ion batteries

Consumer batteries (laptops, cell phones, cameras, etc.) account for 64% of the overall lithium-ion battery market and are expected to constitute 52% of the market in the developing world. By 2020, the transportation industry will also reach more than 25% of the world’s demand for lithium-ion batteries.

With nearly half of the world’s lithium production coming from Argentina, Chile and Bolivia, companies have recently been expanding mining and plant operations in Argentina as the country faces growing opportunities in the manufacturing of lithium batteries.


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