Analyst urges caution as lithium excites and pitfalls multiply
Lithium’s prospects are bright as demand from the battery sector surges and observers believe it would only get better as more electric vehicles (EV) are produced and new energy storage solutions arise, such as Tesla’s Powerwall technology.
Indeed, prices had marched higher, while progressively more investors were making lithium plays to ride a bull run in a still-difficult commodities bear market.