Lithium prices aren’t going go back to the historic highs of...

Lithium prices aren’t going go back to the historic highs of recent years but won’t plummet to pre-boom levels either, according to the world’s third-largest producer of the mineral key to electric-vehicle batteries.

”Prices have now stabilized after miners globally boosted production capacity to match soaring demand from automakers”

Tianqi Lithium Corp. Chief Executive Officer Vivian Wu said on Monday.

“Prices will not go back to the highest, crazy peak of the last few years," she said. “New supply will come, but only good-quality and lower-cost production will survive”