Lithium’s next big risk is grand supply plans falling short
Lithium
AGRI NEWS NET · CRA GROUP
May 28, 20243m 51s
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Show Notes
Rampant lithium demand has caught many forecasters by surprise, with booming global EV sales causing consumption to double over the past two years. With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022, up from $3-billion in 2020, according to Bloomberg calculations.
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