Deflated lithium prices could have found their bottom, Australia’s chief economist reckons, but the bursting of the battery metals bubble is likely to see the commodity’s earnings halve from last year.
The latest quarterly resources and energy forecast from the Federal Department of Industry, Science and Resources has Australia’s lithium exports plummeting from $20 billion in 2022–23 to $10 billion in 2023–24.
Subscribers with digital access can view this article.
Already a subscriber?
Discover more from PressNewsAgency
Subscribe to get the latest posts sent to your email.