Lithium (Li) is a good conductor of heat and electricity which has traditionally been used to create heat-resistant glass and ceramics, and flux additives for iron, steel, and aluminium production. In recent years there has been a resurgence in demand due to its key role in producing lithium and lithium-ion batteries for electric vehicles.
Lithium salts (Lithium Carbonate) has proven to be useful as a mood stabiliser and antidepressant in the treatment of mental illness such as bipolar disorder and depression.
The main sources of lithium are brines and ores, with the largest known deposits, located in Australia, Chile, China and Argentina.
The price of lithium can be found on the LME and Fastmarkets.