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How Much Lithium Will the World Need? It Depends Who You Ask

  • Estimates vary on whether lithium faces surpluses or deficits
  • Surging prices for metal crucial to EVs stoke supply concerns

Lithium is at the center of the car sector’s electrification plans.

Photographer: Carla Gottgens/Bloomberg
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Lithium’s vital role in electric-vehicle batteries means automakers, miners and investors are racing to figure out how much supply the world will need in the coming years -- and also how much it’s going to get.

The problem is the predictions vary wildly.