In Australia, the export price of spodumene, a gemstone rich in lithium, rose from an average of $US598 a tonne in 2021 to $US2700 a tonne in 2022. Federal trade data projects prices could reach as high as $US4010 a tonne this year.
“Despite a weakening in global economic conditions, sales and production of electric vehicles (EVs) continued their rapid growth trend,” the Department, Industry, Science and Resources said in its latest exports report.
“Global sales of all types…
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