SVN® Energy Series: Lithium’s Impact On Regional Development

By Cameron Williams, Director of Research, SVN International Corp.

Concluding our energy series is a look into the mineral that is the driving force behind so much new development throughout the country, lithium. Fueled by government incentives and a strategic move towards energy independence, the commercial real estate landscape in lithium-rich areas of the country is bound to be reshaped. One of the most crucial elements in EV and energy storage batteries, regions harboring substantial reserves are attracting considerable interest and are bound to spur demand for industrial spaces for processing facilities, as well as residential and infrastructural development to support the growing workforce akin to historical resource-based boom towns.