Lithium in SK, Part 17: Lithium prices have come down … to only US$70,000 a tonne. A decade ago, they were US$7,000

Let’s put this in perspective: Around 2012, I wrote my first story on lithium, and at the time the prices had recently tripled to around $7,000 a tonne. In the fall of 2021, when Prairie Lithium (which this week was acquired by Arizona Lithium) was drilling the first targeted lithium well in Saskatchewan, the price was $21,000 a tonne. By the next spring, it was $65,000 a tonne.