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Overview Countries worldwide are working towards decarbonization and paying more attention to clean energy sources. About 10 percent of the world’s electricity is produced from 440 power reactors, and more countries like Japan, Germany, the UK and the US are revitalizing their nuclear energy capacities to reduce fossil fuel production…

Unlike the fluctuations observed in 2023, the lithium market in Q1 2024 exhibited greater stability.Lithium carbonate prices, which began the quarter at US$13,377.44 per ton, concluded around US$14,874.31, reflecting an 11 percent increase. Market oversupply prompted some lithium producers to trim 2024 output targets in hopes that some of the…

Lithium prices remained subdued at the beginning of 2024, still well below highs set in late 2022 and 2023. Several factors, including oversupply and weak electric vehicle (EV) demand, united to keep prices muted over the 90 day period. Despite a market glut keeping prices down, Fastmarkets is forecasting that…