BMI Toronto: 'Not enough lithium'

THE lithium price surge of 2016 and concurrent staking rush by prospective miners has spawned its share of doubters about the outlook for the metal. But unless you’re betting on a complete rollback of the electric car – not to mention other energy storage technologies – even a slow embrace of the new technology should skew demand sharply higher for lithium ion battery raw materials. By Cameron French in Toronto

BMI Toronto: 'Not enough lithium' BMI Toronto: 'Not enough lithium' BMI Toronto: 'Not enough lithium' BMI Toronto: 'Not enough lithium' BMI Toronto: 'Not enough lithium'

Shift to electric vehicles likened to the move from older cell phones to smart phones a decade ago

That was one takeaway from a presentation in Toronto this week organised by Benchmark Mineral Intelligence (BMI), which tracks pricing for lithium, graphite and cobalt, all part of the lithium ion