One battery-grade lithium compound, however, stands out as a precursor material for cathodes. Lithium hydroxide will enable us to meet our clean energy mandates faster if its current supply chain challenges can be resolved and its production is prioritized.
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.
Mangrove joins the Clean Power Hour podcast discusses lithium refining, lithium supply chain issues, and how Mangrove can help meet the demands for a growing EV market.
Mangrove Lithium announced today it has closed a new investment round led by US-based BMW i Ventures (BiV) and joined by returning investor Breakthrough Energy Ventures (BEV).
Bill Gates’ investment fund Breakthrough Energy Ventures recently invested $10 million in a seven-person start-up with no revenue and no customers, Mangrove Lithium. It’s a niche investment, but could have…