(AF) Growing demand for lithium to use in the manufacture of electric vehicle (EV) batteries has sent the Solactive Global Lithium index to a record high, according to the Financial Times.
Chinese companies including CATL and Ganfeng Lithium have been among beneficiaries of a surge in sales of the metal as orders for EVs have climbed, the report stated. Also, the price of lithium carbonate has almost doubled, it added, citing Benchmark Mineral Intelligence. Full story: Financial Times.
Also on AF: Lithium stocks’ climb in China continues
