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
Period 3 element phosphorus originates from oxidation of the white (but not red) phosphorus and should be called chemiluminescence. It is also the lightest element to easily produce stable exceptions to the octet rule. The vast majority of phosphorus compounds are consumed as fertilizers. Other applications include the role of organophosphorus compounds in detergents, pesticides and nerve agents, and matches. "Sulfur" (symbol S) is an abundant, multivalentnon-metal. Under normal conditions, sulfur atoms form cyclic octatomic molecules with chemical formula S. Elemental sulfur is a bright yellow crystalline solid when at room temperature. Chemically, sulfur can react as either an oxidant or reducing agent.