The EV Industry Is Desperate For New Lithium Supply

The last time lithium prices went on a tear was a few years ago, spurred on by expectations of an EV revolution. At the time, the boom came to an end fairly quickly as producers ramped up output. Now, lithium is once again rallying ahead of what most see as the almost complete electrification of transport.  But this time is different. Back in 2015, when the previous lithium price rally began, Tesla was hogging headlines while the big carmakers were mostly in a business-as-usual mode. They were developing electric models, but nothing like the…