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A worldwide lithium shortage could come as soon as 2025 - TL;DR CNBC

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

Tickers: PLL.BBKA

Keywords: environmentworld economybusiness newspiedmont lithium inccommodity marketsdeutsche bank agchina

Source: https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html


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