ALBEMARLE CORP. DL-_01

Commented by Stefan Feulner on August 11th, 2022 | 10:57 CEST

BYD, Edison Lithium, Albemarle - It is getting problematic

• Mining
• Lithium
• Commodities
• Electromobility

The electrification of transport and the replacement of the combustion engine are essential to achieve the proclaimed climate goals of politics. Batteries are one of the main components of electromobility. According to a study by the consulting firm Roland Berger, the global market for lithium-ion batteries will grow by 30% per year until 2030. But electric car manufacturers are already struggling with the scarce metal lithium. Prices are skyrocketing and demand is far outstripping supply. Lithium producers are likely to continue to be the primary beneficiaries in the coming years.