Benchmark: Li-ion Battery Boom Driving Fluorspar Demand
Fluorspar demand from the lithium-ion battery sector is expected to exceed 1.6 million tonnes by 2030, representing a significant portion of the overall market, according to Benchmark’s new Fluorspar Market Outlook. This mineral, primarily composed of calcium fluoride (CaF2), holds potential beyond its traditional uses in refrigerants, steelmaking and aluminum…