The frenzied search for more lithium, a key ingredient in batteries to store solar power and to drive electric cars, has reignited the entrepreneurial spirit of an Australian mining industry bashed hard by falling global commodity prices.

The rise of Tesla, with its electric cars and powerwalls to store solar power for night time use, combined with emerging plans by the big vehicle makers to launch their own green cars, has seen global demand for lithium soar.

Many a junior miner, left in the wake of falling commodity prices without a reason for existence, has its eye on lithium…

Source: The facts and fiction of Australia’s lithium boom | Business Insider