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It's the silvery-grey metal used to make batteries that buy lithium electric cars, mobile devices, and laptops. Yes, the increasing use of lithium is driving explosive global demand for the commodity. However, like every sought-after product, companies seek to satisfy that demand — and that's precisely what has happened.

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These companies are all in production and have growth potential. Pilbara Minerals is an Australian based lithium-tantalum producer. This is now one of the largest companies in the sector. ASX: AKE is exceptionally well placed as an existing producer with a significant planned and funded expansion project.

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