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Lithium on Steroids – Boron to Surpass Lithium

admin by admin
January 11, 2023
in Gold Mining


Lithium spot prices have increased by over 10x in the past two years driven by demand outstripping supply.  The question for lithium markets is when does supply catch up?  Note that there are 100’s of new lithium projects globally in various phases of development.

You could be forgiven for suggesting boron appears likely to have a similar trajectory to lithium. But, what about new supply? There are only six new boron projects globally. Only one project is permitted.

And when you consider most demand is inelastic and only a little bit of boron is in a lot of applications, boron price increases may not stop!



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