Why Lithium Prices Could Soon Return To Record Highs

Lithium producers are adding new production capacity to meet booming demand for the critical metal as the world pushes for greener energy.  Suppliers of the key mineral have turned quite optimistic this year that global demand for lithium will soar in the coming decades with the increased uptake of electric vehicles (EVs) and battery storage.

  Surging demand is set to drive lithium prices higher, lithium producers say in an outlook on the industry that turned decisively bullish this year.  One of the largest lithium suppliers in…