Massive "permanent" shortages coming...Lithium to triple..Copper too....from Oil price dot com
All this means a massive—actual, not theoretical—increase in demand for lithium, cobalt, and nickel, as well as copper. Naturally, these demand prospects are causing concern about shortages.
In lithium, the shortage could become permanent, according to Macquarie Bank and Credit Suisse. As a result, by 2025, according to Credit Suisse, lithium prices could rise threefold. What’s more, not all large producers have a strong enough incentive to boost production capacity right now because of several long-term supply deals sealed last year.