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Price is up 10x. Cost hasn't changed.


Cost is literally another word for price - I'm not sure what you're trying to convey by trying to distinguish the two. When a battery manufacturer goes to buy a ton to lithium, the cost they have to pay has indeed increased 10x.

The price of extracting a ton of lithium from the ground may be the same, but it's not enough to keep up with demand. Which is why the cost of lithium on the market is skyrocketing.




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