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EVs Are Booming. Are We Running out of Lithium?

Barron's Streetwise

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Is the World's Clean Energy Goals Doomed?

Price is the ultimate signal for commodities, so what are metal prices telling us? Prices for lithium, cobalt, nickel and copper were all up sharply versus the year before. Lithium was trading below five thousand dollars in january of 20 21. The three other metals have since leveled off or seen price declines. In short, the market does not seem to be predicting a doomsday style supply crunch. That's despite figures from the us Geological survey that show the world's reserves for some metals are being depleted.

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