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Ritabrata Ghosh, Vice President - Corporate Ratings & Sector Head at ICRA, emphasizes that China currently dominates 65% of the lithium processing/ refining industry, an area where India lacks a foothold.
Critical minerals for the clean energy transition are abundant in the Southwest, but the dozens of mines proposed to access them will require vast sums of water, something in short supply in the desert.
Lithium Mining: Ritabrata Ghosh, Vice President - Corporate Ratings & Sector Head at ICRA, emphasizes that China currently dominates 65% of the lithium processing/ refining industry, an area where India lacks a foothold.
The demand for lithium will improve in the coming months which means now is the right time to invest in these hot battery stocks.
Nevada stands poised to become the nation’s lithium powerhouse because companies here work in every stage of the circular lithium supply chain. Nevada Gov. Joe Lombardo calls this “Nevada’s lithium