Lithium prices fell more than 85% from their 2022 peak back to 2021 levels. There are still concerns about supply / demand issues. Slowing signals from EV sales might have worsened the outlook. But In 2025, the global demand for lithium is expected to surpass 1.4 million metric tons of lithium carbonate equivalent, a growth of 53 percent in comparison to 2023. And by 2030 3.1 million metric tons. (Statista)
Recently low prices pressured margins and Chinese CATL announced production cut equivalent to 8% of Chinese production. This might be a signal that we are close to low of business cycle.
Albemarle's name also recently came up in news with Rio Tinto's plans of acquiring a major lithium producer.
Recently low prices pressured margins and Chinese CATL announced production cut equivalent to 8% of Chinese production. This might be a signal that we are close to low of business cycle.
Albemarle's name also recently came up in news with Rio Tinto's plans of acquiring a major lithium producer.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.