Cheaper Lithium, Bigger Batteries: The Hidden Upside of a Price Rout
The 90% decline in lithium prices since late 2022 looks severe - but it's enabled the low-cost production of energy storage batteries, which will help the world meet rising demand for power
Lithium prices have crashed — falling by 90% since their peak in late 2022 and nearly 40% just over the past year. Such a rout is rare, even for commodities known for their volatility. But this isn’t bad news; it’s actually helped enable the energy storage market that could power a new industrial boom.
From a peak of over …
