Weak Demand and Oversupply to Maintain Low Battery Metal Prices, Threatening the 2024 Clean Energy Shift

According to Ibcentre Insider, the continuation of low battery metal prices into 2024, spurred by an oversupply and diminishing demand from China, may hinder the progression towards clean energy.

Continuously low cobalt, lithium, and nickel prices might postpone the development of necessary new sources. This could lead to shortages and higher battery prices over time, slowing down efforts to reduce carbon emissions.