LITHIUM
Lithium prices are likely to remain elevated at around $9 500/t till at least 2021, which is a significant increase on its historic pricings of $6 500/t. This is attributable to rising demand and impending supply deficits from 2019, says lithium and rare earth elements assets developer Cadence Minerals CEO Kiran Morzaria. He was quoting analysis by German global banking and financial services company Deutsche Bank, while speaking during the bank’s Virtual Investor Conference webcast, last month.
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