💨 Abstract

Lithium prices are expected to stabilize in 2025, following two years of decline, due to shuttered mines and increased electric vehicle sales in China. China's policy support for EV sales is expected to boost demand, while potential reopening of mines may cap gains. The global lithium supply glut is predicted to halve to around 80,000 tons LCE from nearly 150,000 last year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖