Lithium’s demand growth profile increased dramatically in recent years, driven by structural changes in the automotive industry with manufactures increasingly transitioning towards EVs. Benchmark Mineral Intelligence estimates that policy and emissions reduction frameworks along with a post-pandemic glorbal economic recovery will continue to drive automative eletfication into the 2030s.
We will serve an important role in achieving a zero-carbon value chain in line with governments and industry commitments.
Explore the market forecast below to see how demand is changing, supply is set to increase and how both elements will shape lithium prices over the coming decade.
Benchmark Mineral Intelligence Lithium Supply-Demand Forecast
Electric Vehicle Sales as a Share of Total Cars
Lithium Feedstock Supply Forecast
Lithium Chemical Supply Breakdown
Battery Grade Lithium Chemical Price Forecast
Spodumene Price Forecast
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