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Looming fiscal squeeze poses fresh challenge for metals

Weaker spending on EVs impacts metals demand

Shi Weijun
Increasing electrification of transport and other sectors has handed lithium a key role in the energy transition, but its importance in decarbonisation contrasts with the high price volatility seen in recent years

Increasing electrification of transport and other sectors has handed lithium a key role in the energy transition, but its importance in decarbonisation contrasts with the high price volatility seen in recent years | Credits: Shutterstock

A wobbly energy transition under pressure from industrial protectionism and geopolitics will also be challenged by fiscal tightening among cash-strapped governments, with weaker spending on low-carbon...

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