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
Incompatible element Incompatible element In petrology and geochemistry, an incompatible element is one that is unsuitable in size and/or charge to the cation sites of the minerals of which it is included. It is defined by the partition coefficient between rock-forming minerals and melt being much smaller than 1. During the fractional crystallization of magma and magma generation by the partial melting of the Earth's mantle and crust, elements that have difficulty in entering cation sites of the minerals are concentrated in the melt phase of magma (liquid phase). Two groups of incompatible elements that have difficulty entering the solid phase are