LFP 2.0 is not about the price of lithium, here’s what’s driving demand

After a number of questions from our clients on the lithium iron phosphate (LFP) resurgence - or LFP 2.0 - in the electric vehicle (EV) space, Caspar Rawles, Head of Price Assessments at Benchmark Mineral Intelligence outlines why this is not about the price of lithium and how the reasons are more nuanced. 


LFP not driven by the lower market price of lithium carbonate 
The resurgence of LFP is not about the price of lithium.

Although the cost of lithium carbonate vs hydroxide has had a bearing on the trend of . . .

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