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09 Aug
14:24

LITHIUM: Lithium value could jump 6 times by 2030: BofA

The market value of lithium has the potential to sextuple by 2030, Kallanish learns from a Bank of America research note.  Note author Michael Widmer says that the supply overhang in lithium has been temporarily eroded by a price collapse brought on by excess capacity and the continued growth of the EV sector.  If President Joe Biden’s executive order demanding 50% EV penetration by 2030 ultimately bears fruit, Widmer writes, global lithium demand…
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