Lithium Looks Cheap—But Demand May Explode ...Middle East

OILPRICE - Economy
Lithium Looks Cheap—But Demand May Explode
source : OILPRICE ( Middle East ) () 78
Lithium prices are not reflecting real-world demand trends for the battery metals, which may at some point lead to a dramatic correction. Challenges remain, however, with EV adoption and with battery storage deployment, despite recent healthy growth in both. They are still not as affordable as they need to be for mass adoption. Last year, it looked like the world was firmly in oversupply territory when it came to lithium. Even though China kept breaking records in EV sales that supported local lithium prices, globally, the situation was one of…

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