Why the First Quarter of 2021 Has Been Promising for Lithium Market FinancialNewsMedia.com News Commentary Share this article Share this article PALM BEACH, Fla., April 27, 2021 /PRNewswire/ -- The first few months of the year have been bright for the lithium market, with interest in battery metals increasing as electric vehicles (EVs) take over news headlines around the world. Despite the volatility brought by the coronavirus pandemic to every market, lithium has shown resilience and prices performed on an uptrend during the first quarter. At the end of last year, the trend of declining lithium prices seemed to be coming to an end, with analysts predicting a better price environment ahead. When the year kicked off, Benchmark Mineral Intelligence was already expecting the lithium market to come into tightness in 2021. They said: "But the speed of price increases in Q1 2021 was beyond expectation, with prices for lithium carbonate having nearly doubled in price since the beginning of the year," George Miller told the Investing News Network (INN). "Furthermore, shortages and sold out order books in Q1 were a stark change from Q4 2020, where lithium chemicals were freely available to consumers at lower prices." Active mining stocks in the markets this week include: