Index Investing News
Saturday, May 24, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Lithium prices poised to continue lower, report says, but Janus sees bottom (NYSE:ALB)

by Index Investing News
January 7, 2024
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Olemedia/E+ via Getty Images

Lithium prices are not expected to return to previous high levels reached in 2022 and early 2023 before 2025 due to rising supply, subdued Chinese demand and a lackluster U.S. electric vehicle market, Australia’s government said in a recent analysis.

Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200/metric ton in 2025 from an estimated average of $3,840/ton last year, according to the report from country’s Department of Industry, Science and Resources.

Australia is forecast to increase spodumene production to 633K metric tons in 2025 from 386K tons in 2022, China is expected to more than double output to 373K tons next year from 166K in 2022, and Chile is seen growing to 227K tons from 162K over the same period.

Lower spot lithium prices may make electric vehicles and batteries less expensive but they could also hurt project investment and delay consumer acceptance.

But Janus Henderson Investors sees lithium as one of its top commodity bets for 2024, believing the pullback in lithium prices appears close to a bottom.

Daniel Sullivan, the firm’s head of global natural resources, thinks the lithium market may normalize in the early part of this year, creating conditions for a recovery.

He also expects more deals in lithium mining, especially in Australia; M&A activity worth more than US$1.3B was announced in the country’s lithium mining sector last year, up from just US$56.4M in 2022, and Sullivan expects “a lot more of that to happen.”

Potentially relevant stocks include Albemarle (NYSE:ALB), Sociedad Quimica y Minera (NYSE:SQM), Arcadium Lithium (ALTM), Piedmont Lithium (PLL), Lithium Americas (LAC), Standard Lithium (SLI), Sigma Lithium (SGML), Ioneer (IONR).

ETF: (LIT)

More on SQM and Albemarle



Source link

Tags: BottomcontinueJanusLithiumNYSEALBPoisedPricesReportsees
ShareTweetShareShare
Previous Post

Joe Biden’s ‘January 6th’ speech is nothing more than a rant against Donald Trump

Next Post

US grounds some Boeing 737 Max 9 jetliners after plane suffers blowout

Related Posts

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

by Index Investing News
May 23, 2025
0

Costco Wholesale Company (NASDAQ: COST) has delivered a formidable efficiency within the first half of FY25, aided by robust membership...

The Massive Lovely Bitcoin Breakout

The Massive Lovely Bitcoin Breakout

by Index Investing News
May 23, 2025
0

Bitcoin (BTC) broke $111,000 yesterday, an all-time excessive. Supply: coingecko.com And since everybody is aware of I’m a crypto bull,...

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

by Index Investing News
May 24, 2025
0

Chicago Federal Reserve President Austan Goolsbee stated Friday that President Donald Trump's newest tariff threats have difficult coverage and certain...

Nuclear shares rally on report Trump to signal orders to assist business

Nuclear shares rally on report Trump to signal orders to assist business

by Index Investing News
May 23, 2025
0

Cooling towers are seen on the nuclear-powered Vogtle Electrical Producing Plant in Waynesboro, Georgia, on Aug. 13, 2024.Megan Varner |...

Home Republican ‘huge stunning’ tax invoice favors the wealthy

Home Republican ‘huge stunning’ tax invoice favors the wealthy

by Index Investing News
May 23, 2025
0

Home Speaker Mike Johnson speaks to the media after the Home narrowly handed a finances invoice forwarding President Donald Trump's...

Next Post
US grounds some Boeing 737 Max 9 jetliners after plane suffers blowout

US grounds some Boeing 737 Max 9 jetliners after plane suffers blowout

Obama sends election warning to Biden – WaPo — RT World News

Obama sends election warning to Biden – WaPo — RT World News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Closing the “Investing Gap” and Getting Started

Closing the “Investing Gap” and Getting Started

July 17, 2023
Bitcoin is on the move, again. New low incoming? | by Daniel Jensen | The Capital | Nov, 2022

Bitcoin is on the move, again. New low incoming? | by Daniel Jensen | The Capital | Nov, 2022

November 20, 2022
the place Trump is taking America on commerce

the place Trump is taking America on commerce

January 4, 2025
BHEL This fall Outcomes: Internet revenue rises to ₹504.45 cr in March quarter

BHEL This fall Outcomes: Internet revenue rises to ₹504.45 cr in March quarter

May 16, 2025
B-Inventory’s Latest Market: NBG Residence Liquidation Auctions

B-Inventory’s Latest Market: NBG Residence Liquidation Auctions

August 10, 2022
How will defunct ‘kingmaker’ alliance affect Turkey’s election? | Elections News

How will defunct ‘kingmaker’ alliance affect Turkey’s election? | Elections News

May 27, 2023
‘You’ Boss On Joe & Kate’s Future In Possible Season 5 (Exclusive) – Hollywood Life

‘You’ Boss On Joe & Kate’s Future In Possible Season 5 (Exclusive) – Hollywood Life

March 10, 2023
Salah wins PFA Gamers´ Participant of the 12 months, Foden retains Younger Participant of the 12 months award

Salah wins PFA Gamers´ Participant of the 12 months, Foden retains Younger Participant of the 12 months award

June 9, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In