WEBINAR: High stocks, cautious EV uptake will keep lithium prices capped until 2022 – panel

By IM Staff
Published: Monday, 29 June 2020

Lithium prices are likely to bottom out in the second half of 2020 or 2021, but high stocks and a recession triggered by Covid-19 will keep a meaningful recovery in prices in check until at least 2022, attendees heard during a Fastmarkets webinar last week.

By Charlotte Radford

"For a significant change in direction we are looking at 2022 or 2023, but I do think we will see a flattening out in the second half of 2020 and a slight adjustment upwards in 2021," Daniel Jimenez, managing partner at iLiMarkets said during the panel discussion.

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