There is no denying that this is a euphorically tight market, with demand rising steadily and expected to spike drastically, and suppliers struggling to keep pace — which means that the door for new lithium supplies is wide open and this is now a fast-paced exploration and exploitation game.
And even without the battery gigafactories, a Powerwall and storage revolution or streets lined with electric vehicles—demand for lithium would still remain steady just to keep up with consumer electronics.
For the electric vehicle industry alone, Goldman Sachs predicts that for every 1 percent rise in EV market share, lithium demand will rise by 70,000 tons per year. Furthermore, Goldman Sachs predicts that the lithium market could triple in size by 2025 just on the back of electric vehicles
A good read .................![]()
http://www.usatoday.com/story/money...cons-scramble-lithium-prices-double/83034300/
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