Lithium has effectively transformed into a single-use commodity, with rechargeable batteries now consuming 88 percent of the global supply.According to data from the US Geological Survey (USGS) Mineral Commodity Summaries 2026, the rapid scaling of electric vehicle (EV) manufacturing and energy storage grids has left traditional industrial sectors as minor, single-digit fractions of the market. Global lithium consumption rose 20 percent in 2025 …
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