A worldwide lithium shortage could come as soon as 2025
https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html
Quotes: "BMI, a Fitch Solutions research unit, was among those that predict a lithium supply deficit by 2025."
"In a recently published report, BMI largely attributed the deficit to China’s lithium demand exceeding that of its supply."
"“We expect an average of 20.4% year-on-year annual growth for China’s lithium demand for EVs alone over 2023-2032,” the report stated. In contrast, China’s lithium supply will only grow 6% over the same period, BMI said, adding that rate cannot satiate even one third of forecasted demand."
"By the end of 2025, Blanchard sees a “modest deficit” of around 40,000 to 60,000 tonnes of lithium carbonate equivalent, but forecasts a wider deficit amounting to 768,000 tonnes by the end of 2030."
"“In the next couple of years, though the lithium supply may stay adequate at a world-level, regional supply imbalance is still inevitable,” Zou added, noting regional mining and processing capacities in the U.S. and Europe might not be able to keep up with demand for EV batteries."
- Forums
- ASX - By Stock
- VUL
- VUL megathread
VUL megathread, page-6230
-
-
- There are more pages in this discussion • 1,450 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.92 |
Change
-0.140(3.45%) |
Mkt cap ! $737.6M |
Open | High | Low | Value | Volume |
$4.00 | $4.14 | $3.86 | $1.947M | 491.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250 | $3.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.95 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3600 | 3.820 |
2 | 7775 | 3.800 |
2 | 5260 | 3.790 |
1 | 2000 | 3.780 |
2 | 2500 | 3.750 |
Price($) | Vol. | No. |
---|---|---|
3.950 | 2500 | 1 |
3.970 | 2500 | 1 |
3.990 | 1600 | 1 |
4.000 | 5900 | 2 |
4.010 | 20750 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
VUL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online