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BATT - Batteries Fully Charged - Cobalt And Lithium Demand On The Rise
Amplify Advanced Battery Metals and Materials
Electric vehicle sales in China and the U.S. saw triple-digit growth in 2021, placing higher demands on cobalt and lithium production.
Cobalt and lithium futures prices have more than doubled since launching in December 2020 and May 2021, respectively.
As shown by their price performance, both cobalt and lithium have benefited from strong tailwinds in 2021 and have continued to increase in early 2022.