Lithium flounders but outlook stronger for other battery materials

THE freefall in lithium prices seen over the past 12 months has weighed heavily on many companies, and while a sudden price rebound in that metal appears unlikely in the coming months, the outlook for miners focusing on other battery materials looks somewhat brighter.

Lithium flounders but outlook stronger for other battery materials Lithium flounders but outlook stronger for other battery materials Lithium flounders but outlook stronger for other battery materials Lithium flounders but outlook stronger for other battery materials Lithium flounders but outlook stronger for other battery materials

Wood Mackenzie expects global EV sales to account for 7% of all passenger car sales by 2025

Lithium bulls argue the capacity expansions that have been put on hold because of low prices will create tightness in the market as demand for electric vehicles rises, triggering higher prices.