Battery raw materials long-term forecasts

Gain strategic clarity in the battery raw materials market over a 10-year horizon

The next decade is crucial in the electric vehicle (EV) and energy storage systems (ESS) markets. It’s also critical as we aim to be operating in a new generation of energy markets.

There are many dynamics in the battery raw materials market at play over the next 10 years. The production capacity and timing of new projects, the diversification of supply chains, new technology and the impact of geopolitics on regional supply chains.

Market participants and investors need clarity to make long-term, significant and strategic decisions with clarity that cuts through the noise and provides actionable insights.

Fastmarkets battery raw material long-term forecasts help you navigate the battery material market today and plan ahead for tomorrow as we move closer to the goal of a zero-carbon future.

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Understand how the lithium market will evolve over the next 10 years

Find out more about each long-term forecast

Select one of the panels below to find out more about what’s included in each of our battery raw material long-term forecasts, including 10-year outlooks on supply/demand balances for each commodity

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Africa’s first transcontinental rail network, known as the Lobito Corridor, which aims to eventually connect almost the entire regional copper-cobalt belt with additional links across sub-Saharan Africa, is on track to break ground early in 2026, a senior official at the US Department of State told Fastmarkets.

Investment shortfalls, aggravated by recent poor performance in commodities markets, political and economic instability and surging demand, have sown the seeds for the next commodity bull cycle, leading to “metal shocks” in a similar vein to the “oil shocks” of the 1970s, according to economist Philippe Gijsels, chief strategy officer at BNP Paribas Fortis.

Ferro-alloys market 2025: Trends, rising steel demand, stable policies and key challenges fuelling uncertainty.

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Meet the team behind our BRM long-term forecasts

We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Find out how our price reporters and analysts assess and forecast prices in agriculture, forest products and metals