Pablo Rutigliano at the Global Mobility Call: "Lithium Needs a Reference Price to Make Electromobility Viable"

Pablo Rutigliano proposes creating a Metals Market at the Global Mobility Call to set transparent lithium prices and guarantee the future of electromobility

Within the framework of the Global Mobility Call held in Madrid, the most important holistic event for the sustainable mobility ecosystem, Pablo Rutigliano, President of the Latin American Lithium Chamber and founder of the Metals Market, gave an exclusive interview to Negocios TV where he broke down the critical challenges facing the global energy transition.

Rutigliano was decisive in his diagnosis: to advance toward true mass production of electric cars and meet environmental goals, it is imperative to establish a fixed and transparent price for lithium.

https://www.youtube.com/watch?v=N0joZVMJsFA

The Supply and Demand Imbalance

During his speech, Rutigliano explained the current market tension. "Supply is currently very slowed down because mining projects have long maturation times," he noted. Conversely, global demand is growing exponentially, driven by Europe and industrial powers. This disparity, he warned, is what generates a violent impact on prices when they are handled solely through private contracts between parties.

The Solution: A Metals Market and "Commoditization"

The central proposal Rutigliano brought to Europe is the institutionalization of lithium as a commodity. "The first step is the typification of the product and the conformity of governments to declare it a commodity," he stated.

According to the expert, this would allow for the creation of a Metals Market where the price is structured under clear rules and regulations, rather than by speculation or momentary scarcity. "We need to visualize more public contracts, where this strategic mineral has the freedom of a metals market," Rutigliano explained. This structure would provide the "social license" that mining needs and allow for cushioning inflationary impacts derived from geopolitical crises or supply shortages.

A Bridge Between Latin America and Europe

Rutigliano highlighted Latin America's strategic role as a resource reservoir and Europe's need to connect with this source transparently. His vision is not limited to extraction but extends to the integration of complete value chains.

"Europe should also have a metals market where a reference price can basically be formed," Rutigliano suggested, proposing a transparent triangulation model for metal acquisition. This would ensure that the automotive industry has cost predictability, while producing regions achieve equitable social and economic development.

Toward an Economy of Equilibrium

Pablo Rutigliano's final message at the Global Mobility Call was a call for economic traceability. For the founder of the Latin American Lithium Chamber, electromobility is not just about manufacturing cars; it is about building a system where value is distributed fairly from resource extraction to the end user. "It is fundamental that lithium has a clean reference value to maintain a real process of equilibrium in societies," he concluded.