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ubs forecasts lithium demand growth and market balance by 2027
UBS has revised its lithium market outlook, predicting a shift towards increased demand in 2025, with global demand expected to grow by 18% to 1.5 million tons LCE. Despite a surplus in 2024 leading to price declines, supply growth is anticipated to slow, particularly in China and Australia, as production curtailments take effect. The firm has raised its price targets for spodumene while maintaining a cautious stance on potential price surges due to the possibility of resumed production.
ubs forecasts lithium demand growth and market recovery by 2025
UBS has revised its lithium market outlook, predicting a shift from surplus to equilibrium by 2027-28 due to production cuts and project delays. The bank forecasts an 18% increase in global lithium demand to 1.5 million tons in 2025, while supply growth is expected to slow to 15% year-on-year. UBS has raised its spodumene price forecasts for 2025 and 2026, but remains cautious about potential price increases due to the possibility of reactivating curtailed production.
liontown resources poised for growth amid revitalized lithium demand
Liontown Resources is experiencing a positive shift in the lithium sector, driven by China's economic stimulus and strong demand, allowing the company to sell products above spot prices. With significant shipments and long-term contracts, the Kathleen Valley project promises a robust future. Despite mixed analyst predictions on lithium prices, Liontown's strategic partnerships with Tesla and Ford position it as an attractive investment opportunity in the market.
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