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Home > The Lithium Boom and Crash: Market Dynamics and Impacts on the Electric Vehicle Sector

The Lithium Boom and Crash: Market Dynamics and Impacts on the Electric Vehicle Sector

15 July 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

Over the past two years, the lithium market has undergone a dramatic turnaround. The lithium boom turned into a slump, as a wave of new supply overwhelmed a weaker-than-expected demand for electric vehicle (EV) batteries. Falling Lithium Prices The CME contract for lithium hydroxide collapsed from a high of 85 euro/kg in 2022 to EUR […]

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