Very detailed article this morning on Sto....ead
Lithium demand is set to surge in the remainder of this decade because of demand for Li-ion batteries in zero-emissions transport, and energy storage in the power sector.Upside risks for lithium demand are linked to the commercialisation of solid state batteries.
Downside risks for lithium demand reflect the emergence of sodium-ion batteries.
Everyone’s going to want more lithium before the decade is out, says CBA’s legend of lithium and colonel of commodities Vivek Dhar.“Lithium demand is expected to increase substantially over the remainder of this decade because of demand for Li-ion batteries.
Li-ion batteries enable the decarbonisation of the transport and power sectors.The transport sector (i.e. electric vehicles (EVs)) accounted for two thirds of all lithium demand last year, CBA says. The metal content of Li-ion battery cathode materials ultimately determines lithium demand. +++++
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