Why the EV Industry Can Count on Relatively Cheaper Lithium
By Kwasi Ampofo
Price Relief Should Stick
The cure for high prices is higher prices. But the cure for low prices is not always lower prices.
Consider the price of lithium, the indispensable battery metal that’s showing signs of recovery after reaching a rock bottom of $13,200 per metric ton at the end of February, the lowest in three years. Prices have risen by 12% since.
Photo courtesy of Tim Peake.
Source: Bloomberg (link opens in a new window)
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