This is part of a broader trend of critical mineral supply bottlenecks, from lithium to copper, as the global energy transition accelerates. For crypto, these bottlenecks feed into inflation expectations and central bank policy, which historically impact liquidity conditions and risk-on/off behavior. Additionally, energy storage constraints could indirectly affect the economics of renewable energy, which some crypto miners rely on for cheap power.

PLS Group Ltd.

PLS Group Ltd., Australia's largest lithium producer, released full-year results and flagged a supply shortfall of the battery metal in coming years while nearing a final investment decision on capacity expansion.