More reality from Goldman Sachs - just like I said - next boom in 2-3 yearsLithium price forecast
According to its weekly note, the broker is now forecasting the following average prices for these lithium types in the coming years compared to current spot prices:
- Lithium carbonate (per tonne)
- Spot: US$32,345
- 2023: US$38,794
- 2024: US$15,331
- 2025: US$11,000
- 2026: US$16,883
- Lithium hydroxide (per tonne)
- Spot: US$29,881
- 2023: US$40,951
- 2024: US$17,273
- 2025: US$12,500
- 2026: US$18,571
- Lithium spodumene 6% (per tonne)
- Spot: US$3,710
- 2023: US$4,341
- 2024: US$1,763
- 2025: US$800
- 2026: US$1,126
As you can see above, the broker continues to believe that lithium prices will decline across the board over the coming years. However, it does now expect an uptick to occur in 2026
More reality from Goldman Sachs - just like I said - next boom...
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