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What is Lithium Market Outlook for 2025 about?

The lithium market in 2024 experienced significant challenges due to oversupply, lower-than-expected electric vehicle demand, and geopolitical factors, leading to a decline in lithium prices. A global surplus of approximately 33,000 metric tons of lithium carbonate equivalent is projected for 2025, with continued price declines expected. The year also saw increased M&A activity as companies sought to consolidate in a tough market environment.

Author

Gioni Pepper

Language

EN