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3 Lithium Stocks With the Potential to Deliver Significant Returns in the Next 5 Years
ALBAlbemarle(ALB) InvestorPlace·2024-03-18 17:35

Lithium carbonate prices are taking a dive due to a significant decline in demand from China. After rising manyfold in 2022, the increasing stocks of the precious metal are leading to depressed prices, which has had a knock-on effect on lithium stocks. However, the long-term outlook of lithium stocks remains strong due to the strong uptick in demand for electric vehicles. As a result, experts are forecasting that lithium carbonate prices might stabilize between $20,000 and $25,000 per metric ton from 2024 t ...