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A brine pool at an SQM lithium mine on the Atacama salt flat in the Atacama Desert, Chile. The industry that deals with one of the world’s most important commodities is asking whether it's doomed to repeat a boom and bust cycle again and again. | BLOOMBERG

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A brine pool at an SQM lithium mine on the Atacama salt flat in the Atacama Desert, Chile. The industry that deals with one of the world’s most important commodities is asking whether it's doomed to repeat a boom and bust cycle again and again. | BLOOMBERG
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R. Scott Pert (raymondpert@mastodon.cloud)'s status on Saturday, 13-Apr-2024 06:42:02 JST R. Scott Pert

Lithium industry braces for long-term oversupply after price instability
> A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is more prepared than ever to keep pumping out supplies.
https://www.japantimes.co.jp/business/2024/04/12/markets/lithium-boom-bust/ #Lithium #economy #batteries

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