There’s just not enough lithium to meet growing demand. In fact, if the world can’t fix the supply-demand gaps for lithium, it’s tough to imagine any net zero transitions. According to the CEO of the International Council of Metals and Mineral Mining, Rohitesh Dhawan, as noted by Sky News, “We can see quite a large … Continue reading Top 5 Ways to Trade a Massive Shortage of Lithium
Lithium prices are expected to push even higher. For one, “To keep up with demand, every existing producer supplying the market today must double every two to three years for the next decade,” Eric Norris, President of Albemarle said. “No producer has been able to do that reliably to date.” Two, Sociedad Quimica y Minera’s … Continue reading Top 3 Reasons Lithium Prices Could Accelerate
Rising, global demand for electric vehicles could send lithium prices to higher highs. In fact, according to The Economic Times, “A surge in demand for electric vehicles worldwide along with increasing pressure on the supply chain of materials that go into EV batteries has seen an unprecedented rise in prices of those same materials this year. In … Continue reading The Biggest Reasons to Invest in Lithium
The global push for electric vehicles, from companies like Tesla (NASDAQ:TSLA) and Nio Inc. (NYSE:NIO) is only accelerating. All as the world pushes for lower emissions. The U.S. for example just pledged to reduce emissions by up to 52%, which could provide a sizable boost to the EV industry. The UK just announced plans to … Continue reading This Could Put the Brakes on the EV Market
