Opinion
Time to sift through lithium wreckage
Professional investors say demand is likely to soar due to big increases in how much is used in electric vehicles.
Mark DraperContributorInvestors have seen the price of lithium fall by around 80 per cent this calendar year on the back of increasing supply, inventory drawdowns at cathode companies and subdued demand for electric vehicles (EVs).
But there are reasons for optimism in the lithium sector as demand could materially exceed supply as soon as 2025.
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Mark Draper is a financial adviser with GEM Capital Financial Advice.
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