Where will new lithium supply come from in 2022?

The lithium market faces its biggest ever shortage in tonnage terms this year as labour shortages and border closures due to Covid-19 hinder mine expansions in a market already suffering from a lack of new supply.

Project ramp-ups are at the risk of delays that could result in a supply shortfall of around 26,000 tonnes of LCE this year, according to Benchmark.

That could keep lithium prices high if sales of electric vehicles continue to grow at the same rate after more than doubling last year. Chinese

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