The EV industry has registered tremendous growth over the past year with a significant increase in EV sales across Europe, China, and the US. According to analysts Morgan Stanley, global sales of battery-electric vehicles (BEV) and plug-in hybrid vehicles (PHEV) could grow 50% or more in 2021, with global penetration reaching 31% by 2030. Undeniably, the technological advancement era has primarily driven the dramatic EV revolution in the battery space, used as the powerhouse for EVs.
While EV revolution is gaining spotlight, let us gaze through five major lithium projects of Australia based on their proven and probable reserves:
- Wodgina Lithium Project
- Pilgangoora Lithium-Tantalum Project
- Earl Grey Lithium Project
- Greenbushes Lithium Project
- Altura’s Pilgangoora Lithium Project