Mining Weekly.com Browse Help
Intelligence on mining

Lithium leaders tout bright EV future after tough trading debut

The market for lithium will remain tight through 2025 as producers struggle to lift output fast enough to meet demand for the material that’s essential in making batteries for electric vehicles (EVs), according to the sector’s newest public company, Livent. “We think demand is going to grow almost five times larger in 2025 than it was in 2017,” CEO Paul Graves said in an interview Thursday in New York, as the supplier made its trading debut. “Our biggest challenge is producing enough to meet the demand – there’s a much greater risk that this market is consistently in a deficit in the near future.”

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register