The global #Lithium industry needs as much as $42 billion of investment to meet the demand by end of the decade, according to Benchmark Mineral Intelligence, and this is where automakers can step in. bloomberg.com/news/articles/… via @hyper_drive

How hot is the #lithium market now? A Chinese mine auction has attracted 3,448 bids. bloomberg.com/news/articles/… via Bloomberg Markets Bloomberg Green

The wonder metal driving the electric vehicle market is in a supply crisis that could hurt efforts to stop global warming bloomberg.com/news/features/… via Annie Lee

#Lithium, the wonder metal at the heart of the global shift to #EVs, is in a crisis: demand has outstripped supply, pushing prices up almost 500% in a year and hindering world’s most successful effort yet to halt global warming. bloomberg.com/news/features/… via Bloomberg Green @hyper_drive

Warren Buffett-backed #EV maker BYD jumps ahead of Tesla in the #lithium mining push bloomberg.com/news/articles/… via @hyper_drive

How a Battery Metals Squeeze Puts EV Future at Risk bloomberg.com/news/articles/… via Bloomberg @david_stringer Yvonne Li Annie Lee Joe Deaux

There’s a fight brewing in the lithium market, after a controversial forecast from Goldman Sachs Group Inc. analysts set off a backlash among some of the industry’s most prominent experts. Annie Lee bloomberg.com/news/articles/…

A #lithium producer for carmakers including BMW and Tesla is beginning work to assess #battery metals projects in Xinjiang, deepening links between #EV supply chains and a region at the heart of human-rights allegations against China. W/ David Stringer bloomberg.com/news/articles/…

“I’d like to once again urge entrepreneurs to enter the #lithium refining business,” said Elon Musk. “You can’t lose, it’s a license to print money.” The CEO of Tesla said he sees constraints in refining materials necessary for lithium-ion #batteries. bloomberg.com/news/articles/…

ICYMI: #LITHIUM carbonate prices hit a fresh record in China late last week, and the local authorities were worried - a meeting was held to ask the major companies not to engage in price fixing, and to play their role in stabilizing prices. bloomberg.com/news/articles/… #EV #Battery

#Lithium’s recent price gains bring a new complication for global supply chains — it’s threatening to extend a squeeze on #battery and car producers that’s already eroding profits and prompting some suppliers to hike their own rates. bloomberg.com/news/articles/… via @hyper_drive

Scorching gains in lithium, a vital raw material for EV batteries, threaten to add more stress for supply chains. But China, the world’s largest EV market, may be powerless to do anything about it.  bloomberg.com/news/articles/… Latest via @hyper_drive

From today, Singapore Exchange will launch its first lithium and cobalt contracts, adding to efforts by commodity exchanges to get battery materials companies and investors interested in using futures trib.al/1dmwgSZ

There’s broad agreement that lithium supply is heading for a major increase in 2023. The divisive issue is whether less-established producers will be able to deliver in full, defying a range of regulatory, technical and commercial challenges. bloomberg.com/news/articles/… Annie Lee

The extraordinary pace of #Lithium's expansions - across both demand and supply - has made forecasting the market a contentious pursuit. Here’s what is in store for 2023. bloomberg.com/news/articles/… Latest with Mark Burton

China’s ability to manage the mismatch between its scarce natural resources and vast industrial output is now playing out in the market for #Lithium, a #battery raw material crucial to the world’s transition away from fossil fuels. My latest: bloomberg.com/news/articles/…

The frenzy for lithium, which saw Chinese prices of the electric-vehicle battery material surge more than 1,300% in just two years, has turned into a rapid retreat, writes Annie Lee. bloomberg.com/news/articles/…

Rising geopolitical tensions and the prospect of industrial decoupling are fueling a surge of interest in the processing of energy-transition metals outside China, according to one of Asia’s leading hedge funds. bloomberg.com/news/articles/… with Alfred Cang via @hyper_drive

#Lithium‘s recent price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks. James Fernyhough via @hyper_drive bloomberg.com/news/articles/…

For more than a year, Annie Lee and I have been investigating the dirty, deadly Indonesian nickel industry -- and its supply-chain connections to Tesla, GM, Ford, Hyundai and every other EV manufacturer you can think of. I hope you will read and share. bloomberg.com/features/2024-…