Oct 2021

Lithium Prices Jump Again

Lithium prices extended their yearlong rally as surging demand spurs a shortfall of the key battery material. Prices have more than doubled in the past year, according to a Benchmark Mineral Intelligence index of lithium carbonate and hydroxide. Demand for the materials used in EVs and renewable-energy storage has soared and, while miners are seeking to boost supply, there’s not enough to meet consumption.