If you are searching for an API that provides lithium global values, you must read this post. In it, we’ll recommend three APIs.
The most common applications for lithium are rechargeable and non-rechargeable batteries. Special glasses and glass ceramics contain lithium oxide. One of the most hygroscopic materials known, lithium chloride is employed in air conditioning and industrial drying systems (as is lithium bromide).
Lithium stearate is a high-temperature and all-purpose lubricant. Although the mechanism of lithium carbonate on the brain is yet unknown, it is utilized in medications to treat manic depression. Lithium hydride is a kind of hydrogen storage that may be used as a fuel.
The worldwide economy for lithium, an alkali metal, is rapidly expanding. Annual output in the top producing countries increased from 25,400 to 85,000 tons between 2008 and 2018. Its application in the batteries of electric cars is a major development driver. Lithium is, nevertheless, utilized in laptop and mobile phone batteries, as well as in the glass and ceramics industries.
Chile has the world’s biggest reported lithium deposits, at 8 million tons. This puts Brazil ahead of Australia (2.7 million tons), Argentina (2 million tons), and China (2 million tons) (1 million tons). Portugal has less important raw resources than the rest of Europe. The entire reserves in the world are believed to be 14 million tons.
To conclude, this company is growing year after year. You must be aware of current prices if you wish to work in the lithium field or if your firm uses lithium. You should be aware of all the factors that influence the price of lithium. As a result, an API will be required.
A programming interface (API) allows various devices or programs to communicate with one another. While a few websites may be useful, keep in mind that they are not all accessible or contain the same information. Here are three options to consider.
Metals API
If you want technology that is easy to use, includes data from reputable sources, and responds rapidly to your queries, this metal API is your best option. A generous membership provides 50 API requests and an hour of wait time. In addition, you can use it in JSON, PHP, and Python.
Historical end-of-day exchange rates are accessible in the Metals-API at 00:05 GMT for the previous day and one second before midnight. This API may provide accurate exchange rate data, such as London Metal Exchange rates, for a wide range of precious metals in 170 different currencies.
CurrencyLayer
Currencylayer is a simple Restful API that offers real and historical exchange rates in a publically available and readily parsable JSON format that can be utilized by any software. Its purpose is to teach groups and people how to handle what has to be digitalized while focusing entirely on producing exceptional goods. It has a worldwide clientele.
Kitco
Kitco is a global metals trader and provider of financial data. Since 1977, this company has earned a global reputation as a leading precious metals dealer and data supplier. Their knowledge of gold, silver, platinum, palladium, and rhodium has brought them international recognition. Kitco provides a support service that is available seven days a week, 24 hours a day. For added convenience, they also provide direct home delivery.