A political analyst says the recent discovery of a major lithium mine in Iran will turn the country into a major actor in the world’s most important industries.
Analyst: Lithium deposits will make Iran main player in world s most important industries islamicinvitationturkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from islamicinvitationturkey.com Daily Mail and Mail on Sunday newspapers.
Lithium prices shined from 2020 through 2022, driven by surging demand for electric vehicles, especially in China, alongside the precious metal’s limited supply. That trend stopped short in 2023, with the lithium price dropping sharply. Falling EV demand and increasing lithium supply are the main factors, but are they short or long term?
Iran claims to have discovered a massive lithium deposit for the first time ever as demand for the raw material sores as the world races to go electric.