Organizations impacted by the supply/demand in Lithium should take note of the following items:
- Electric Vehicles (EV) sales are up 117% through July 1, 2021.
- Spot prices of battery-grade lithium carbonate (China) are up 254% through October 2, 2021.
- Average lithium carbonate values per metric ton are up almost 200% through August 31, 2021.
Citations (In Order): Trading Economics, Experian, Benchmark Minerals
Potential Interventions with Respect to the Data
Organizations heavily-involved with Lithium would benefit from identifying/developing innovations for efficiency in lithium procurement and utilization.
With Lithium being considered the next gold rush, this may be a viable investment opportunity for organizations not yet aligned to benefit from the growing demand in Lithium, as most forecasts are showing sustained multi-year demand.
Lithium may pose a serious threat or lucrative opportunity for organizations. For more information on how to respond to market dynamics such as this, contact our firm for a situation assessment.