Litherium 4.0 - Whitepaper 2022
  • 🔋Welcome to Litherium
  • The Company
    • Vision & Values
    • Blockchain meets Crypto Commodity
    • Why Choose Lithium, Nickel & Cobalt as a Beginning?
    • About Litherium Australia Mining
    • High Demand on a Scarce Product
    • DAO & Uses of Litherium Token (LITH)
    • LICOM-Crypto Banking
    • The Advantages
    • What is DAO?
  • Minerals
    • What is Lithium Element?
    • Application for Lithium
    • Lithium Overview
    • What is Nickel Element?
  • Litherium Tokenomics
    • Binance Smart Chain
    • Tokenomics
    • Why Litherium?
    • Token Characteristics
  • Litherium Crypto-Commodity Exchange
    • What is Crypto-Commodity?
    • Consider buying a Crypto Commodity
    • Why Commodity Trading?
    • Understanding the Pros & Cons for Commodity Trading
    • Why LICOM EXCHANGE?
  • Staking
    • What is Staking?
    • Crypto-Commodity NFT Strategy
  • Development plan
    • Litherium Launching Schedule Plan
    • Road Map
    • Percentage Distribution of Litherium
  • Our Team
  • Disclaimer
  • Follow Us
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  1. The Company

High Demand on a Scarce Product

Many companies that operate with batteries have begun to invest in mining operations to speed up the production process, in an attempt to tackle the shortage of lithium on the market. This shows that there is immense pressure to produce more lithium; showcasing the great opportunities the company can grasp. Because of the demand that has been mentioned earlier, the battery-grade lithium carbonate prices have risen 400% in the last few months – rising as high as USD$13,800 per ton. Additionally, the use of lithium for battery production, especially recently in the automotive industry, has substantially increased in comparison to the use of lithium in other corporations.

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