Lithium's Comeback: Here's How the AI Boom Is Driving Mining Companies Back into the Black!

The lithium market has turned around. After years of falling prices, major producers from China to Australia are once again reporting healthy profits—and the driving force behind this is a surprising one. It is not the flagging electric vehicle market, but rather stationary battery storage that is driving up demand. Behind this trend lies the energy hunger of AI data centers, which require electricity around the clock and cannot function without storage. China’s spot price for the battery metal climbed 22% in the first half of the year. Two...