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Beware the return of the lithium glut

Four years ago, as the lithium carbonate price rushed up to US$20,000 a tonne, no one could see the crash coming, even less a price of $5,000/t by late last year. While a wipeout repeat is unlikely it’s a warning about how quickly markets can move from boom to bust.

Beware the return of the lithium glut Beware the return of the lithium glut Beware the return of the lithium glut Beware the return of the lithium glut Beware the return of the lithium glut

Back in 2017, when electric vehicles (EVs) were just starting to move out of car dealer showrooms, investors jumped aboard the lithium express, fired with enthusiasm for the EV revolution which they