Labour shortages at West Australian mines contribute to rise but some analysts urge caution to investors
the market for lithium batteries would grow to at least $360bn by 2030, with growth averaging 20% a year until the end of the decade.
“It’s unsustainably high – it’s gone ballistic. It’s just brilliant to watch – the world’s transforming before our eyes,” Buckley said. “Nothing excites financial markets more than a 500% increase in prices.” After slowing at the outset of the pandemic, electric vehicles sales have come roaring back in European and Chinese markets.in the number of electric cars sold in 2021, with 3.3m in total.
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