Lithium long-term forecast
Get long-term clarity and market intelligence in the critical lithium market
Lithium is critical to electric vehicle (EV) and energy storage system (ESS) growth, but supply and price risks abound. Demand based on different battery chemistries is capitalizing on lithium properties while seeking to manage concerns about the availability and price of supply.
This is made more complicated as long-term supply is increasingly dependent on new projects where planned timing may materially differ from the actual timing, and on supply from lepidolite production and direct lithium extraction (DLE).
The Fastmarkets lithium long-term forecast leverages our 50-year heritage in providing price data and market intelligence in the lithium market. These insights are paired with expert economic modeling and data to provide market participants and investors with unmatched clarity on how the lithium market will evolve in the next 10 years.
The 10-year lithium long-term forecast includes:
- Price forecasts for lithium (Li2CO3 and LiOH)
- Demand forecasts from the EV and ESS markets and from different car types and battery chemistries
- Supply forecasts including an in-depth review of future supply from existing and new producers and projects
- Supply/demand balances
- Access to analysts
- Analysis of the pricing mechanisms used, including the use of indexation
Understand how the lithium market will evolve over the next 10 years with our long-term forecast
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Read some of the latest market coverage from our team of price reporters, researchers and editorial team from across the globe
Read Fastmarkets’ monthly battery raw materials market update for May 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more
To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]
The US-China trade truce announced on May 12 has brought cautious optimism to China’s non-ferrous metals markets, signaling a possible shift in global trade. Starting May 14, the removal of additional tariffs has impacted sectors like battery raw materials, minor metals and base metals such as zinc and nickel, with mixed reactions. While the improved sentiment has lifted futures prices and trade activity, the long-term effects remain unclear due to challenges like supply-demand pressures and export controls.
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