Will battery energy storage systems ( BESS ) bring forward the day when the Lithium market leaps from over supply to undersupply, putting a rocket under Lithium prices and ASX Lithium stocks in the process.
It could be the case, with the previously under-appreciated demand growth from ( BESS ) known to be the key reason behind " Rio-Tinto's " dive into the Lithium space as the renewable energy sector gets bigger and smarter. It's acquisition of Arcadium was for $10bn.
( BESS ) is now the new driver for Lithium Battery demand,