The Business Times
SUBSCRIBERS

Crowded herd of lithium explorers faces culling as supplies rise

Prices have little upside, because demand growth has met aggressive build-up

Published Tue, Mar 7, 2017 · 09:50 PM
Share this article.

Toronto

THE crowded field of explorers fighting for capital to produce lithium faces a painful reckoning as supplies build and prices flatten, leaving those with low costs and powerful partners still standing, industry consultants say.

Prices of the critical component in rechargeable batteries used in electric cars and mobile phones spiked last year and demand is projected to soar 60 per cent to 300,000 tonnes of lithium carbonat…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here