Seth Goldstein, a US Morningstar analyst, said production cuts and delays to new lithium supplies out of Australia could have a large effect on global supplies, especially as demand recovers.“While I don’t think cuts are needed for prices to rise, they will likely lead to a faster recovery,” he told Guardian Australia.Goldstein said he expected the lithium market to “swing to undersupply” as EV sales rose.“I think lithium prices will rise in 2024, especially in the second half of the year,” he said.
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