LLL 0.00% 50.5¢ leo lithium limited

Goldman are forecasting a continued slump in lithium prices...

  1. 271 Posts.
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    Goldman are forecasting a continued slump in lithium prices until 2027. Keep in mind that they were correct about the collapse in mid 2023.

    Lithium carbonate – China:

    2024: US$12,847 per tonne
    2025: US$11,000 per tonne
    2026: US$13,323 per tonne
    2027: US$15,646 per tonne

    Lithium hydroxide – China:

    2024: US$13,795 per tonne
    2025: US$12,500 per tonne
    2026: US$14,323 per tonne
    2027: US$16,146 per tonne

    Spodumene 6%:

    2024: US$1,175 per tonne
    2025: US$800 per tonne
    2026: US$978 per tonne
    2027: US$1,155 per tonne

    Somehow, I doubt the price can keep falling like this. EV sales are growing year-on-year and inflation is already slowing. I hope GS is wrong, but we need a plan if they're right.
 
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