New Supply Could Help Bring Lithium Prices Back Down To Earth ...Middle East

Economy by : (OILPRICE) -
Lithium prices have turned into one of the red flags in the energy transition as they have climbed inexorably for more than a year, with many expecting the supply of the battery metal to experience a further squeeze in the future. Yet at least one EV maker says it has enough lithium for now in what is a rare piece of good news for the industry. Chinese BYD, one of the leaders in EV manufacturing, said it even expected a lithium surplus next year as new mines come online. In an interview with Bloomberg, BYD executive vice president Stella Li said…

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