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Lithium — the key raw material in electric vehicle batteries — is so concentrated in supply that it's been dubbed 'white petroleum,' with Chile and Australia well known as top producers.

Which country actually holds the world's largest lithium reserves?

Bolivia
Bolivia's Salar de Uyuni salt flat sits atop the world's largest known lithium deposit. However, the country's landlocked geography and strict nationalization policies have kept actual mining output low, leaving Bolivia far down the production rankings despite its enormous reserves.
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