Post by
MV77777 on Nov 07, 2022 9:30am
From A November 2022 News Article
Less than a year ago, lithium was trading at under USD$20,000 per tonne. Inrecent weeks,lithium prices have soared past $71,000 per tonne. But the greater-than-tripling in price is only half the story in this hot commodity market. The reason why lithium prices are going ballistic is that when both traders and end-users look ahead in this large-and-growing commodity market, they seelithium moving intoasupply deficit. Where are mining companies going to go to come up with the additional lithium needed for EVs? One mining jurisdiction that has been drawing an increasing amount of attention is Nevada.