Reported 3 days ago
Recent trends indicate a bullish long-term outlook for battery metals, particularly lithium, despite a 5.47% drop in the Monthly Metals Index from December to January. Weak demand in China has negatively impacted prices of lithium and cobalt, but major investments, such as Rio Tinto's acquisition of Arcadium Lithium, signal confidence in electric vehicle growth. Experts predict ongoing challenges in the cobalt market and anticipate changes in copper demand driven by shifts in China's economy. The incoming Trump administration's energy policies may further influence the renewable energy sector.
Source: YAHOO