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Commodities

Lithium upgrades on ‘bullish’ EV demand

Lithium upgrades on ‘bullish’ EV demand

The lithium market is tipped to move into into deficit in 2022 amid strong demand powered by the ongoing rise of electric vehicles, which are forecast to make up 16 per cent of global auto sales by 2025. As lithium stocks trade around three-year highs, Macquarie...

Iron ore tipped to rise above $US200

Iron ore tipped to rise above $US200

The iron price is tipped to make fresh record highs in coming weeks and hit $US200 a tonne as supply struggles to keep up with China’s roaring demand. In a fresh boost for iron ore companies, Citi forecast iron ore prices to set the new high “over the next few weeks”,...