Lithium miners rise as supply uncertainty, battery demand boost prices

Australia players could benefit further if Iran war fuels EV sales rebound

PLS announced in February that it would soon restart a lithium production plant after signing an offtake agreement with battery maker Canmax. (Screen shot from PLS website)

CANBERRA -- Lithium prices have surged in recent months, sparking a share rally in miners and optimism from some quarters that the key battery metal market is entering a sustainable upturn after two years of glut-fueled downturn.