Fundamental, Research

Lithium: Truly an Oversupplied Market in 2024?

Emily Nasseff Mitsch, Equity Analyst
18 January 2024


Lithium is an essential element utilized in batteries, especially for electric vehicles and portable electronic devices. The demand for lithium has significantly increased in recent years due to the widespread adoption of electric vehicles. However, the lithium market pricing has declined considerably in the past few months due to oversupply in Asian markets.

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