From oversupply to deficit
On the one hand, demand is rising, while on the other, supply has increased, causing the price to fall significantly since 2022. Nevertheless, analysts see the long-term picture for lithium as positive. Surplus material will be used up. Even if the western market for electric vehicles is weakening, many governments are pushing for electromobility. And so BNP Paribas still expects global growth of 23 % for 2024.
One of the lithium companies is Century Lithium – https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ -. One of the rare, advanced lithium projects in the USA belongs to the company.
Current company information and press releases from Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -).
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