Oilprice — The Consequences Of A 500% Rally In Lithium Prices

Summary:
After surging 500% over the past year, lithium prices have continued their meteoric rise in China.Mining.com’s EV Battery Metals index has quadrupled since May 2020.Greenflation, is increasing the costs of setting up new green power projects, which could slow down the pace of the transition.OilpriceThe Consequences Of A 500% Rally In Lithium Priceshttps://oilprice.com/Energy/Energy-General/The-Consequences-Of-A-500-Rally-In-Lithium-Prices.htmlAlso at OilpriceChina has been attempting to expand its One Belt, One Road project through the Middle East by heavy funding of energy projects in the region.Ever since the 1973 Arab oil embargo, the U.S. has attempted to gain influence in the Middle East in order to ensure the security of oil.A new pan-Arab power grid could hurt the ambitions of both

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