ENERGY MINERALS

Lithium bandwagon banging loud

With lithium prices at very attractive levels due to increasing demand for lithium-ion batteries and the electric vehicles which use them, lithium exploration is experiencing a boom not seen since 2018.

 Patriot Battery Metals' Corvette in Quebec, Canada

Patriot Battery Metals' Corvette in Quebec, Canada

The lithium spot price has retrenched from highs of US$85,000/t at the end of 2022; however, levels of around $50,000/t are five times higher than in 2019-2021. Even bearish price forecasts, such as Morgan...

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