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It seems difficult to believe now, but it wasn't that long ago the world was worried about peak oil. The fears made sense in the context of the time. Of course, the context is very different today. Shale production technologies have created https://www.md.com a world awash in oil. In September, the United States exported more petroleum products than it imported for the first time since records began. Energy investors may no longer be concerned about Peak Oil, but they've found new sources of anxiety. As the world begins to electrify ground-based transportation, demand for lithium is set to soar virtually overnight. Lithium demand could triple from levels by
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Our demonstration that we can keep pace with a rapidly evolving battery raw materials industry and its pricing demands has resulted in the LME selecting us as its partner to continue providing transparency to the lithium industry. Lithium carbonate, Lithium carbonate Lithium hydroxide monohydrate Fastmarkets has been selected by the London Metal Exchange as its partner of choice to develop the lithium benchmark.
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Despite the lofty expectations for demand from electric vehicles, where lithium-ion batteries dominate, prices for the raw material are now languishing at two-year lows. Thanks to a slew of new hard-rock lithium mines and expansions at existing operations in Western Australia, the country is now the number one producer.
Tobias (taken for 3 to 4 years) 28.05.2017
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The Chinese domestic spot battery-grade lithium carbonate price fell by 2. Fastmarkets has corrected its lithium carbonate index, min
Eleonore (taken for 3 to 6 years) 30.06.2019
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