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Post by
Thomas23 on Apr 14, 2021 12:52pm
Macquarie Have Predicted Surge In Lithium
Investment bank Macquarie have voiced their opinion in predicting an increase in Lithium in the coming years because of electric vehicle demand.
Analysts at the bank are now forecasting prices to rise by between 30% and 100% for the next four years.
“Our bullish EV demand outlook sees the lithium market move to deficit in 2022 with material shortages emerging from 2025,” Macquarie said in the report.
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