 "Could Chile be the New Saudi Arabia of e-age?")
Lithium is one of the most important raw materials used in top-notch battery technology. It will become even more important once the e-mobility revolution gets into full swing. Chile has reserves of around 7.5 million tonnes slumbering under its surface.
This could make the South American country one of the most important players of the nascent e-age, something like the new Saudi Arabia. While smartphone batteries use some 3 gm of lithium, standard e-car batteries can use 10 kg of lithium. Some models by Tesla have 40 kg in their battery packs. Here is a look:
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