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The next decade is critical to the success of the lithium market with increasing and sustained demand coming from the global new energy markets. Growth in electric vehicles continues to drive lithium demand, but this rapid growth is testing the market’s ability to expand supply. Keep on top of lithium price volatility with our lithium price data.
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China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week
US-headquartered lithium producers Albemarle and Livent are expecting lithium spot prices to recover from the weakness seen in recent months, because they foresee a brighter demand picture for the remainder of the year
Albemarle has increased its revenue outlook for 2023 partially due to expectations of improving lithium prices, although some analysts expect the lithium market will be oversupplied in upcoming years
Growth in the lithium market could lead to a significant increase in the supply of tantalite once new lithium projects come on stream, according to market participants
Fastmarkets explores two key emerging battery chemistries and whether they have the ability to alleviate battery material supply challenges
Fastmarkets experts use the Fastmarkets NewGen lithium long-term forecast to explore Europe’s lithium reserves and look into whether there is adequate lithium supply to meet the soaring demand for sustainable energy solutions
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