Lithium producers and lithium stocks have been badly hit as Chinese lithium prices plunged an incredible total of about 75% between November 2022 and November 2023. However, in the wake of the tremendous decline of both the mineral’s prices and lithium stocks, multiple firms are starting to be bullish on the sector.
Fitch Solutions is estimating that China’s “ lithium demand for EVs alone” will surge by a mean total of 20%, while its lithium production will only climb 6% annually during those years. If the actual totals come even close to those estimates, lithium prices will surge tremendously over the long term, taking lithium stocks with them. For those who want to cash in on those gains, here are three top lithium producers to buy.
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