FinancialNewsMedia.com News Commentary PALM BEACH, Fla., May 25, 2023 /PRNewswire/ The demand for Lithium-ion batteries seems to grow daily and the market's future looks to significantly
The world needs to get its hands on more lithium supply immediately. Unfortunately, there’s just not enough of it to meet all the demand. In fact, according to Stellantis’ CEO Carlos Tavares, there’s just not enough, which is helping .
Lithium prices are on the rebound. After prices dropped for a bit of time, the supply-demand issue is forcing lithium prices higher again. Even analysts at Citigroup just said the collapse in lithium price is likely to be over, and prices could rebound .