Lithium Related Media Articles, page-18828

Price of Lithium , the Australian Gov forecasting lower prices in 24/25

https://www.industry.gov.au/publications/resources-and-energy-quarterly-september-2023

Prices are expected to fall as the lithium market enters a sustained period of surplus supply. This will be partly offset by rising export volumes and a growing share of lithium refined to a higher value product domestically.

Record Australian lithium exports ($20 billion in 2022–23) are forecast to decrease to $16 billion in 2024–25 as lower prices offset higher export volumes. Prices are expected to fall due to the lithium market entering a sustained period of surplus supply, but will remain well above pre-2021 levels.

Forecasting Spodumene price of $2,254 US/t for 2024-25