Supply Chain & Raw Materials

Lithium - Low Prices Are Great For Battery Costs, But Risks Long-Term Supply Supply outpacing demand has pushed lithium prices to their lowest level in 38 months. While low prices enable cheaper batteries, this also means (generally speaking, as there are exceptions):

Further demand feedback from EVs and BESS Operating mines are curtailed in the short-term Project investment in the short-to-medium term is dampened

...all of which increases the risk of supply not keeping up with demand. This means continuing cycles of volatility, albeit not as severe as in the past.

Source: Content & analysis provided courtesy of CRU Group Distinguished Partner). For more information, visit https://www.crugroup.com. Cost curve shows only pegmatite operations.

Extracted from the PDF; charts and images may read imperfectly.