Lithium’s 2021 price rises revive expansion plans

Higher lithium prices in 2021 have started to revive expansion plans with both AMG Lithium and POSCO committing to bring new supply online this April.

Lithium prices have risen across the board year-to-date, led by Chinese lithium carbonate prices which Benchmark’s mid-April Lithium Price Assessment showed were up 103.4% (Benchmark’s Lithium Carbonate, Battery Grade, EXW China).

This follows a period of falling prices which began in early 2018 and ended in late 2020 as lithium prices began to rise. During lithium’s bear market of 2018-2020, low prices had failed to . . .

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