Lithium Glut Takes Prices to New Low Which Could Last Until 2030

Lithium Glut Takes Prices to New Low Which Could Last Until 2030

Lithium Glut Takes Prices to New Low Which Could Last Until 2030 - Mismatch between rising supply of lithium and slowing demand has led to a slide in prices that continues today

Lithium Sector Update: Battery Demand Remains Very Strong As Bottom Seen in Lithium Market - Research Portal

The global lithium market is approximately 1.5 million mt LCE in 2025 and we expect that by 2035, it could grow to between 8-11 million mt, depending upon the technological innovation for lithium batteries as well as its competitors in sodium ion, “air” batteries and other chemistries. Our estimates are considerably larger than consensus, based upon the continuation of declining battery costs for both vehicle and BESS systems and massive changes

Lithium Prices Plunge Below RMB 60,000 /Ton as Global Oversupply Expected to Persist Until 2030 - YT FINANCE

Since the beginning of this year, lithium carbonate prices have continued to decline, briefly falling below the 60,000 yuan/ton mark. Industry insiders predict that the oversupply in the industry will persist until 2030.