A bit more from that link. Unlike some other forecasts, Argonaut is expecting a decent recovery as early as next year, before a stronger recovery longer term.
Argonaut forecasts a lithium price recovery to be rapid once the market swings to a modest deficit.“We now expect spot spodumene prices to peak at US$1500/t in late 2026, which is likely to trigger a restart of existing capacity,” it said.“A return to a balanced market is then forecast for 2027 before the widening deficit pushes prices higher in the long-term.”Argonaut has a long-term spodumene price of US$1600/t, which is as much as US$1000/t above the current spot price.
