Around 2010 to 2015, global lithium production plateaued. Demand for the main ingredient in lithium-ion batteries had been steadily growing over the previous five years as the technology became the de facto battery in the growing electric vehicle (EV) market as well as many portable electronics. Between 2010 and 2015, demand suddenly went from steady growth to constant, only to switch back to even greater exponential growth in 2017.
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