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 1 element zero have on matter, such as with superconductivity. Helium is the second lightest element and is the second most abundant in the observable universe. Most helium was formed during the Big Bang, but new helium is being created as a result of the nuclear fusion of hydrogen in stars. On Earth, helium is relatively rare and is created by the natural decay of some radioactive elements because the alpha particles that are emitted consist of helium nuclei. This radiogenic helium is trapped with natural gas in concentrations of up to seven percent by volume, from which it is extracted commercially