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It is crucial to grasp the intricate dynamics of the lithium market in order to make accurate projections about its future demand, supply, and pricing.
The surge in demand due to the widespread adoption of electric vehicles (EVs) led to a sharp increase in lithium prices during 2022, followed by a subsequent decline at the beginning of 2023. However, what lies ahead for the lithium market, and what are the key determinants that will influence demand, supply, and pricing in the future?
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