Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22
Green Car Congress
DECEMBER 24, 2022
Higher prices for lithium and other key battery materials (such as nickel, graphite and cobalt) continue to put upward pressure on the cost of batteries which in turn is putting upward pressure on EV prices, the report notes. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina.
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