Lithium Forecast & EV

Popularity and necessity of electric vehicle (EV) growing at an unstoppable speed, lithium continued to be a hot commodity many years to come.

The success of EV will depend on ability to delivery lithium to the World. Despite to world`s large lithium reserves there is not enough supply in the pipeline to satisfy the excepted demand by 2025. Lithium industry will struggle to keep up with demand between now and 2025. In this case there will be no oversupply. Lithium consumers are expecting more high grade lithium and develop more world class assets next five years.

26 battery cell plants are expected to start production or expand capacity by 2022. In 2014 there were only three battery megafactories in the pipeline. "The combined planned capacity of these plants is 344.5 GWh. Total lithium ion cell demand in 2017 was more than 100 GWh. In fact Cairn Energy Research estimates that lithium-ion battery demand will reach 750 GWh by 2016. And according the benchmark, the increasing demand for raw materials key in batteries will the need for lithium raise from 75,000 tonnes 550,000 tonnes by that time.

Global lithium-ion battery demand is expected to grow between six and seven times by 2026, whir require a battery pipeline of nearly double what exist today.

Global market fundamentals for lithium remain intact for 2018, with strong demand growth, tight supply and attractive pricing.

GPP`s Morabisi high Grade Lithium will find well establish global market in Lithium-ion battery industry.

Based on GPP Morabisi assy results, which has been announced recently and there will be more assy results will be announced soon.

GPP`s Morabisi high Grade Lithium assets will find well established global market in Lithium-ion battery industry.