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Batteries has a long supply chain, and in this case the market is forecasting a drop in demand. Due to more sources and increase output in the early stages of t
by rsecora 3y ago
Batteries has a long supply chain, and in this case the market is forecasting a drop in demand. Due to more sources and increase output in the early stages of the chain, the offer has increased.
Note also the article refer explicit to EV in different paragraphs .
it's described in the article.
> with the expiry of a more than decade-long programme of subsidies for EV purchases.
> the expanding supply outlook for the metal is mainly what is pushing prices lower this year
> Supply is coming on stream faster than you can say ‘boo’.
> first-ever lithium deposit to be discovered in Iran’s mountainous western province of Hamedan. At an estimated 8.5 million tonnes,
> China is also expanding its lithium-supply capacity from lepidolite, which, while considered the most abundant lithium-bearing mineral,