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Lithium carbonate market projected to reach 3.93 million LCE tons by 2031

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  • Mordor Intelligence projects global lithium carbonate demand to increase through 2031.
  • The market is forecast to rise from 1.41 million to 3.93 million LCE tons between 2026 and 2031.
  • China handles around 60% to 70% of lithium refining, while Chile and Nevada add supply.
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