Find out why Canada needs localized lithium refining and how it will benefit the country and its future energy plans.
The lithium battery production bottleneck will block the adoption of 350 million electric vehicles by 2040 unless supply chain constraints are removed.
We won’t wade into the merits of either argument because, either way, the underlying facts remain that the “sharp correction” Goldman predicts is a function of market volatility caused by a brittle and over-concentrated supply chain. The volatility here is because we have rising demand, but an uncertain supply. For the market to achieve a stable foundation price, high or low, it must achieve a stable and reliable supply chain.