General Discussion, page-1072

https://**promotion blocked**/resources/eye-on-lithium-spot-price-up-but-latest-federal-government-lithium-forecast-is-a-mixed-bag/

The department does think that “a projected 70% increase in Australian lithium production over the period should partially offset the impact of lower prices”, and that a “modest recovery in the lithium prices over 2024 and 2025” is also likely.

Also, the Aussie government thinks the lithium spodumene price should rise to about US$1,360 a tonne by 2026.

Look, it ain’t much, but we’ll take it.

It, however, predicts a fall to about US$1,090 a tonne by 2029. Because: “from 2026, alternate battery chemistries could place some price pressure on lithium-ion EV batteries.”