blog Market Intelligence /marketintelligence/en/news-insights/blog/lithium-and-cobalt-exploration-trends content esgSubNav
In This List
Blog

Infographic: Lithium and Cobalt Exploration Trends

Podcast

Energy Evolution | Funding the energy transition, with Jigar Shah of DOE's Loan Program Office

Podcast

Maritime and Trade Talk | EP14: Analyzing the U.S.-China Trade Relationship

Blog

Bank failures: The importance of liquidity and funding data

Blog

A Cloud Migration Plan for Corporations featuring Snowflake®


Infographic: Lithium and Cobalt Exploration Trends

Exploration budgets for lithium and cobalt have rebounded in 2021, with the lithium budget increasing 25% year over year to $249 million and cobalt increasing 27% to $70 million. Despite the increases, both budgets have failed to return to their pre-pandemic levels, unlike other metals such as copper and nickel.

 Moving into 2022, higher prices are encouraging junior explorers to seek new discoveries, and interest is growing among the majors due to the global shift towards decarbonization. Both will pave the way for a brighter future for lithium and cobalt exploration.

 Gain vital insights into lithium and cobalt exploration trends:

  • Review exploration budget and commodity price trends from 2010-2021
  • Year-over-year budget changes by region, company type and development status
  • Outlook for 2022 and beyond

 

Download Infographic >

Infographic: Lithium and Cobalt Exploration Trends

Click Here

Russian gold miners expected to benefit from current market despite sanctions

Read More

LME price soars as Russia invades Ukraine

Read More
Learn More about Metals and Mining
click here