Lithium is running into a severe supply-demand situation. The last time this happened, some of the world’s top lithium companies exploded. Albemarle ran from approximately $45.60 to approximately $137. Lithium Americas Corp. ran from approximately 93 cents to approximately $10.38. Galaxy Resources Ltd. ran from approximately 15 cents to approximately $2.75. Now, it’s happening all … Continue reading “The World is in Desperate Need of Lithium”
Tag: supply demand
Lithium Headed for Another Supply Crunch
Lithium could easily run into a massive supply crunch – again. All thanks to electric vehicle (EV) sales that are growing much faster than anyone expected. In fact, according to a new study from the Boston Consulting Group, by 2025, EVs could account for a third of all auto sales. By 2030, EVs could surpass … Continue reading “Lithium Headed for Another Supply Crunch”