Lithium long-term forecast

Get long-term clarity and market intelligence in the critical lithium market

Our lithium long-term forecasts are part of a set of products including long-term forecasts for cobalt, graphite, nickel, copper, manganese sulfate and recycled materials

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 

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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

African material will remain part of the tantalum supply chain regardless of the lithium market, according to Ian Margerison, executive marketing manager at the Tantalum-Niobium International Study Center (TIC).

The publication of Fastmarkets’ China, Japan, Korea battery grade lithium assessments for November 4, 2024, were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

After a consultation period, Fastmarkets has discontinued the price due to a lack of liquidity and production of the commodity. All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Zihao Li by email […]

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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