Lithium is the key ingredient in the rechargeable batteries that power electric vehicles, grid storage, and consumer electronics, making it one of the most strategically important commodities of the energy transition. SQM and Albemarle are the world's two largest lithium producers, extracting the metal from brine deposits in South America's Lithium Triangle. Lithium Americas is developing large-scale North American lithium projects, positioning itself as a domestic supply option as the US reduces dependence on foreign battery materials.
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