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Month: September 2022

Why are lithium prices so high?

introduction: Lithium Prices Reach New Heights Lithium carbonate prices have continued to rise and break records, this time setting a per-ton mark of $71,000 USD in mid-September. Prices have climbed since early 2021 off an ever-strengthening market for electric vehicles and global economic recovery from COVID. The surging lithium prices were already cause for concern …

Is the United States Developing Its Domestic Lithium Industry?

Introduction: A Global Need Listed as a critical mineral by the United States Geological Society (USGS), lithium is critical to the future of worldwide sustainable development initiatives. While demand for lithium continues to rise, production is lagging, hampered by inefficient extraction methods, unsustainable mining practices, and an overall lack of mines. Global Lithium president Joe …