Rampant lithium demand has caught many forecasters by surprise, with booming global EV sales causing consumption to double over the past two years. With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022, up from $3-billion in 2020, according to Bloomberg calculations. Hosted on Acast. See acast.com/privacy for more information.
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