How long will lithium supply remain in surplus?

Lithium supply and demand has rightly been on the minds of every automotive, battery materials, and mining company globally for the last few years at least, for a decade or two for the older and more forward-thinking companies. Other commodities like copper that will be immensely important to supporting the green energy transition are experiencing a significant lack of investment due to persistently low prices, which is pushing out timelines for when supply is expected to increase to match demand, but we aren’t seeing this in lithium for a few reasons. While this has been the case for copper – and cobalt more recently since prices dropped like an anchor from highs seen last November – lithium remains the odd…