White Diamonds: What's behind the wild fluctuations? [Economics Column]
2024-12-08 00:18:00
Something strange is happening with the price of lithium, also known as the "white diamond." After soaring to an all-time high in 2022, it has plummeted since last year. It has fallen to about one-eighth of its peak price. We explore what is happening around this scarce resource that has sparked a global scramble for it. (Saito Mitsutaka, Economic Affairs Department)
