Lithium and economics 101

Lithium is the key ingredient to batteries today. Its extraction, refinement, and entry into the supply chain is wonderful example of economics 101 with three countries holding half the world’s deposits. This is a fascinating story on multiple levels.

http://www.economist.com/news/americas/21723451-three-south-american-countries-have-much-worlds-lithium-they-take-very-different

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