#Lithium Can Avoid Crash By Disciplined Growth, #China Giant Says

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#Lithium prices almost tripled in the year to June and producers are seeking to expand amid booming demand driven by rising sales of #ElectricVehicles, which require the metal for rechargeable batteries. The lithium frenzy may end in tears as future supply will expand, outpacing demand, with mine capacity expected to climb by about 70 percent in the decade to 2025, Sanford C. Bernstein Ltd. said in a report this month.

Read more at: http://www.bloomberg.com/news/articles/2016-10-12/lithium-can-avoid-crash-by-disciplined-growth-china-giant-says

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