Lithium as an investment increased tendency for costlier components to be targeted for replacement by new technologies. Current projections of the global market for lithium-ion batteries range from $26 billion in 2023 ("Navigant Research") to a very optimistic $33 billion in 2019 ("Transparency Market Research"). Lithium metal is an extremely soft, highly reactive, and flammable element. It is most frequently found in deposits such as spodumene and pegmatite minerals, with larger resources in the U.S., Canada, Australia, China, Zimbabwe, and Russia. Lithium possesses a unique chemical profile making it the lightest metal in the periodic table and the least dense solid element. Its atomic
Chemical element in selective loss of the very lightest elements (hydrogen and helium) and also volatile neon, carbon (as hydrocarbons), nitrogen and sulfur, as a result of solar heating in the early formation of the solar system. Oxygen, the most abundant Earth element by mass, is retained on Earth by combination with silicon. Aluminum at 8% by mass is more common in the Earth's crust than in the universe and solar system, but the composition of the far more bulky mantle, which has magnesium and iron in place of aluminum (which occurs there only at 2% of mass) more closely mirrors the