Industrial lithium consumers may face struggle to maintain supply as battery sector steals scene

By Davide Ghilotti, Dalila Ouerghi
Published: Tuesday, 16 November 2021

Lithium market participants have voiced concern about the ability to secure supply of industrial-grade lithium compounds due to an increasingly larger share of the market being taken up by the battery sector.

With long-term contract negotiations for next year's supply unfolding, traditional industrial buyers spoke of surging demand from the battery sector globally and said they expect increasing procurement challenges and higher prices in the coming years.

In an increasingly tight global market, major global suppliers of lithium chemicals have struggled to...

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