https://www.afr.com/chanticleer/
Bullish new forecasts for lithium demand have coincided with setbacks to new supply projects. That’s ultimately good for prices, but not for the electric vehicle sector’s big ambitions.
It’s unlikely that many Australian investors are following the travels of German Chancellor Olaf Scholz. But his current trip to South America underscores a new front in the global race for arguably the world’s hottest commodity: lithium.
Scholz signed an agreement with Argentina that is designed to help German industry secure lithium supplies from the South American giant. On Sunday, he was in Chile – the world’s second-largest supplier of lithium after Australia – seeking a similar deal.