Lithium-Spinoff CEO Says Shortages Loom Amid Electric-Car Craze

Oct. 11, 2018, 7:54 PM

The market for lithium will remain tight through 2025 as producers struggle to ramp up production fast enough to meet demand for the mineral that’s essential in making batteries for electric-vehicles, Livent Corp. Chief Executive Paul Graves said.

“We think demand is going to grow almost five times larger in 2025 than it was in 2017,” Graves said in an interview Oct. 11 in New York. “Our biggest challenge is producing enough to meet the demand—there’s a much greater risk that this market is consistently in a deficit in the near future.“

Investor interest for lithium has been wavering ...

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