CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales
Green Car Congress
SEPTEMBER 6, 2019
CRU analysts observe that lithium prices have steadily declined since the end of Q1, finally crashing through the $10/kg LCE mark at the end of July. While many are forecasting long-run prices for lithium in the mid-teens LCE, citing refinery bottlenecks and the potential for ramp-up delays in the mining and refining sector, CRU disagrees.
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