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24 Jun
17:49

LITHIUM: Lithium prices to remain high on ‘very upbeat’ outlook

Lithium prices are expected to remain high in the next five years thanks to a tight market, with supply chasing demand, Fitch Solutions says in a new report. The research and analytics company forecasts that both lithium carbonate and hydroxide prices will trend higher, thanks to a sharp acceleration in demand for lithium-ion batteries. It estimates demand for lithium in the auto industry for EVs will grow by seven times, with the sector accounting for around 80%…
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