Why lithium prices may never recover
KEY POINTS
https://www.marketindex.com.au/news/why-lithium-prices-may-never-recover
- Lithium prices are projected to gradually increase until 2026 before declining, impacted by a surge in production and EV demand fluctuations
- Despite rising lithium demand, challenges like trade barriers and competition from alternative materials pose downside risks
- Australia's lithium production share is expected to decline to 32% by 2029 due to increased output from other countries, affecting local producers' profitability
Why lithium prices may never recover KEY POINTS Lithium prices...
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