The Oregon Group Predicts Lithium Demand set for 20 years of Rapid Growth

TORONTO, Jan. 17, 2024 /PRNewswire/ - The supply of lithium, essential for electric vehicles, is expected to face twenty years of rapid growth, according to a new report. The Oregon Group forecasts lithium's dominant demand segment — electric batteries and vehicles (EVs) — is also it's fastest growing, a dynamic rarely encountered even in bull markets. The report examines how the lithium market has seen a significant price correction in 2023, stalling new lithium projects and limiting supply expansion need ...