LithiumAccelerating demand for electric vehicles has seen lithium carbonate prices surge over 75 per cent since late July. With further upside expected this year, Morgan Stanley has labelled the commodity as one of its top picks, along with uranium, over the next six months.RELATED QUOTESSTOSantos$7.440 -0.67%1 year1 dayOct 20Apr 21Oct 214.5006.3008.100Updated: Oct 13, 2021 – 8.12am. Data is 20 mins delayed.View STO related articles BPTBeach Energy$1.440 -2.04%Oct 20Apr 21Oct 211.0001.5002.000SXYSenex Energy$3.900 -1.27%Oct 20Apr 21Oct 210.0002.0004.000WPLWoodside Petroleum$25.140 -1.26%Oct 20Apr 21Oct 2114.00021.00028.000AdvertisementAgainst a backdrop of Chinese electric vehicle production increasing almost 250 per cent this year, and supply struggling to keep up with demand, analysts expect China’s lithium carbonate spot price to average $US19,500 a tonne in the second half of this year. Morgan Stanley expects the price to normalise in the second half of 2022 at $US13,000 a tonne.
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