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PALM BEACH, Fla., May 2, 2023 /PRNewswire/ -- Lithium-ion batteries are currently the dominant technology for energy storage and the market is projected to continue to grow over the next several years. A report from Fact.MR said that Some of the current trends in the lithium mining market include: "With the growing demand for lithium, there is increasing investment in expanding production capacity. This includes investment in new mines, as well as the expansion of existing mines. Some companies are pursuing vertical integration strategies, where they control the entire supply chain from mining to battery production. This can help to ensure a secure supply of high-quality lithium and reduce supply chain risks. As technology improves, the efficiency of lithium mining is expected to increase, leading to lower costs and higher yields. There is also research being done into new methods of lithium extraction, such as using geothermal brines or extracting lithium from seawater. With the increasing use of lithium-ion batteries, there is also a growing need for battery recycling. Some companies are investing in recycling technologies that can recover lithium and other valuable metals from spent batteries. With growing concerns about the environmental impact of lithium mining, some companies are adopting more sustainable practices, such as using renewable energy to power their operations and minimizing water usage." Active mining companies in the markets this week include: Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Tesla, Inc. (NASDAQ: TSLA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSX-V: ETL), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET).