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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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  • 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.
Oilprice
The Consequences Of A 500% Rally In Lithium Prices
https://oilprice.com/Energy/Energy-General/The-Consequences-Of-A-500-Rally-In-Lithium-Prices.html

Also at Oilprice

  • China 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 the U.S. and China in the region, with the potential of even Iran being included in the alliance.
New Energy Deals Are Transforming Geopolitics In The Middle East | OilPrice.com
Simon Watkins
https://oilprice.com/Energy/Energy-General/New-Energy-Deals-Are-Transforming-Geopolitics-In-The-Middle-East.html

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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