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Opinion: Why Lithium Will See Another Price Spike This Fall

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So far, lithium has been the hottest metal of 2016, beating out gold, with exponential demand expected over the coming years. Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62% year-over-year growth in 2016 , 60% in 2017, and likely 100% in 2018. by James Stafford of Oilprice.com.

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Oversold Lithium could be about to rally

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It’s important to remember that prior to the crash, lithium had enjoyed a meteoric rise with prices doubling since the beginning of 2016 and nearly quadrupling over the past decade. Shares of major lithium producers and explorers including Sociedad Química y Minera de Chile (NYSE:SQM), Albemarle Corp.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020. Spain was up 16% at $10 billion, Brazil up 23% at $8.7

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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US cell production capacity surpassed Japan in 2014 and South Korea in 2016. Most operational multi-gigawatt-hour cell manufacturing facilities in the world are owned by a Chinese, Japanese or Korean company (Tesla’s Nevada Gigafactory was jointly developed with Panasonic).

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