Lithium’s next big risk is grand supply plans falling short

Lithium

An episode of the AGRI NEWS NET podcast, hosted by CRA GROUP, titled "Lithium’s next big risk is grand supply plans falling short" was published on May 28, 2024 and runs 3 minutes.

May 28, 2024 ·3m · AGRI NEWS NET

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Summary

Rampant lithium demand has caught many forecasters by surprise, with booming global EV sales causing consumption to double over the past two years. With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022, up from $3-billion in 2020, according to Bloomberg calculations. Hosted on Acast. See acast.com/privacy for more information.

Episode Description

Rampant lithium demand has caught many forecasters by surprise, with booming global EV sales causing consumption to double over the past two years. With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022, up from $3-billion in 2020, according to Bloomberg calculations.

Hosted on Acast. See acast.com/privacy for more information.

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