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Lithium supply may tighten in the years ahead, driving prices higher along with it

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Investors shouldn’t be discouraged by the recent price declines in battery-grade lithium, with expectations for growth in demand from the electric vehicle market still strong.

“Currently, there is not enough lithium hydroxide being produced in the world to power the growing electric vehicles demand,” said Austin Devaney, chief commercial officer at Piedmont Lithium Inc. PLL.

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