In just one year, the world’s largest lithium producers turned from cautiously optimistic about prices and very careful about expansion projects to decisively bullish on near, medium, and long-term demand for the key battery metal. The pandemic prompted many governments to commit to greener recovery and to raising significantly the share of renewable energy and electric vehicles (EVs), stoking demand for critical minerals this year. Lithium, alongside copper, has seen prices rising since automakers started pledging all-EV lineups and exponential growth in their electric car offerings. Rising immediate demand for lithium and expectations of surging demand in the longer term have increased sales of the top lithium producers, which are now much more bullish on lithium prices and demand, both for the short term and the long run. Amid the most bullish expectations about the lithium market in years, analysts warn that even the increased project pipeline may not […]