Market experts see Tesla’s battery day announcements bullish for lithium

By Carrie Shi, Dalila Ouerghi
Published: Thursday, 24 September 2020

Lithium market participants and observers have generally reacted positively to US electric vehicle maker Tesla’s recent announcements because they support the view that demand for the metal is likely to soar in the medium term, sources have said.

But sources surveyed by Fastmarkets have cast doubts on the potential of the new lithium extraction process announced by the company during its Battery Day event on Tuesday September 22.

Among other statements, during the socially-distanced event hosted outside Tesla’s factory in Fremont, in the US state of California, chief...

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