101 lithium mines in the world?
According to Refinitiv, there are indeed 101 operational lithium mines globally.
It's understandable why there might be discrepancies in these numbers. Different sources track mines using different criteria, and they may not all capture the full picture. For example, some sources might only include large-scale production mines, while others might also include smaller or even inactive mines. Additionally, data can be constantly updated as new mines come online or existing ones close down.
Here's a breakdown of the 101 lithium mines by region, highlighting the major players:
Australia: 42 mines (largest producer globally)
South America: 28 mines (Chile and Argentina are major producers)
China: 12 mines
Africa: 10 mines
North America: 9 mines (mostly in the US and Canada)
The significant concentration of mines in Australia and South America reflects the abundance of lithium resources in these regions. They are currently at the forefront of global lithium production, supplying a major portion of the raw material needed for batteries and other applications.
It's also worth noting that the number of lithium mines is expected to grow in the coming years due to the increasing demand for lithium, driven by the surge in electric vehicle adoption and renewable energy storage. This growth is likely to bring both opportunities and challenges, as it raises concerns about environmental impact, social responsibility, and sustainable resource management.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.
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