Will Lithium Follow The ‘Super-Cycle’ Of Mining?
R-Squared Energy
MARCH 15, 2023
Those high oil prices caused a recession, which reduced demand, which reduced prices. Thus, new supplies may come online even as demand softens. Eventually demand recovers, but new supply stagnates. But will lithium follow that same trend? The continued demand for EVs continues to drive the battery-production market.
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