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Tesla, Apple and Uber demand pushing lithium prices even higher

Goldman Sachs has dubbed the metal the "new gasoline" and The Economist calls it the "world's hottest commodity".

Hidden within the salt flats high in the Andes mountains of South America are vast deposits of the lithium that Elon Musk may need for his electric-car revolution. But extracting the mineral from brine ponds created by Orocobre Ltd has proved more difficult than expected.

AFTER more than tripling in price this year, lithium is no longer that dull commodity we take for granted in our consumer electronics. It's the commodity powering the next, undeniable energy revolution. The tight supply picture emerging as electric cars, mega- batteries and massive energy...

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