Commodity Market Report
Global Lithium Strategic Planning Outlook - Q2 2022
Report summary
We have increased our electric vehicle forecast for this strategic planning outlook. This uplift was partially offset by a downwards adjusted to stationary energy storage. The uplift resulted in an increase in demand by 14% in 2025 We have also made significant updates to our supply outlook in the mid and late 2020s where supply have increased with expansions in Australia and new assets expected to start production in China, Africa and South America.
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