A worldwide lithium shortage could come as soon as 2025
Publishing timestamp: 2023-08-29 22:09:44
Summary
The article discusses the potential for a global shortage of lithium as demand for the metal increases, particularly for electric vehicle batteries. Some analysts predict a deficit by 2025, while others see it happening later in the decade. The article also mentions the challenges in increasing lithium supply, such as geological complexity and permitting processes. The potential shortage could lead to higher lithium prices and impact battery production costs.
Sentiment: MIXED
Keywords: environment, world economy, business news, piedmont lithium inc, commodity markets, deutsche bank ag, china,
Source: https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html