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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

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Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). Lithium hydroxide prices are expected to lift from US$17,370 a tonne in 2021 to US$39,900 in 2022 and US$61,200 in 2023, moderating to US$48,500 by 2024. billion in 2021–22 to $16.1 billion, and $17.0

Australia 281
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

Market 296
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% in 2014 as a result of industrial overcapacity and weakness in the real estate sector. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

2015 150
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Roskill: COVID-19 could wipe out US$1.0B of lithium supply in 2020

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Using Roskill’s latest quarterly price forecast for lithium carbonate (published in late-March 2020), this equates to a value loss of approximately US$960 million. >. However, production losses in Argentina are likely to be approximately 35% in 2020, as already delayed expansion plans become delayed further, Roskill said.

2020 186
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ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

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On the other hand, this could lead to a marked decrease in the safety margin of lithium supply—the ratio between the cumulative consumption and current reserves—and a possible significant volatility of lithium prices by 2050. Production is currently concentrated between Australia (40%), Argentina and Chile (50% between them).

Supplies 236
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Oversold Lithium could be about to rally

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Last year’s 12 percent slide by the Bloomberg Commodity Index —spurred by 20 percent-plus declines by industrial bellwethers like West Texas Intermediate crude, steel and platinum—came in the wake of two years of modest gains. The fact that much of the rally coincided with a sharp rise in the value of the U.S.

2018 278
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Opinion: Why Lithium Will See Another Price Spike This Fall

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Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. While future demand from the automotive industry is significant, the real game changer for the lithium industry may be electrical grid storage.

Price 150