| As the prices for traditional commodities such as oil, steel and coal languish at multiyear lows, the raw materials used in smartphones, electric cars and 3D printers — among them lithium, graphite and cobalt for use in batteries — are set to experience increased demand. That is prompting some analysts to declare the advent of a new resource era driven by technology.
Goldman Sachs describes lithium as potentially the “new gasoline”. It forecasts that demand for its use in electric vehicles could grow 11-fold to more than 300,000 tonnes by 2025. The opportunity is clear — hybrid and electric car batteries contain between 40kg and 80kg of lithium...............................................Full Article: Source
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