Top Lithium Miner Expects An Extended Price Rally ...Middle East

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Top Lithium Miner Expects An Extended Price Rally
source : OILPRICE ( Middle East ) () 19
Lithium prices will likely remain elevated for years despite plans for a ramp-up in supply, the world’s biggest miner of the battery metal, Albemarle said, as quoted by the Financial Times, today. According to the company’s head of lithium, Eric Norris, the reason for the extended rally would be a fundamental transformation of the lithium market. “One of the reasons that we see things being so tight is just the market is fundamentally different,” Norris told the FT. “In 2019, the market didn’t grow very much…

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