David Fickling, Columnist

The Lithium Cartel Should Be Stopped

Why are we so relaxed about an emerging oligopoly in the key battery element?

The stuff of lithium dreams in Chile.

Photographer: Michael Smith/Bloomberg

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The world doesn’t like its essential commodities being controlled by a small group of producers.

When Arab members of Opec resolved to cut their oil exports in response to U.S. involvement in the 1973 Arab-Israeli war, the situation was rightly deemed a global crisis.