Covid-19 to contribute to lower lithium prices, but higher cobalt prices

MINING WEEKLY | The lithium market is expected to experience a lower price environment, while cobalt prices are expected to be supported by sustained market deficits, research from financial information and analytics provider S&P Global Market Intelligence’s Commodity Briefing Service (CBS) series shows.

The company’s ‘Lithium and Cobalt June 2020’ report indicates that global passenger plug-in vehicle sales will decrease by 7.63% year-on-year to 1.95-million units this year.

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