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
Classical element solid, liquid, gas, and plasma share many attributes with the classical elements of earth, water, air, and fire, respectively, but these states are due to similar behavior of different types of atoms at similar energy levels, and not due to containing a certain type of atom or a certain type of substance. In classical thought, the four elements earth, water, air, and fire as proposed by Empedocles frequently occur; Aristotle added a fifth element, aether; it has been called akasha in India and quintessence in Europe. The concept of the five elements formed a basis of analysis in both Hinduism