16
Feb
15:52
Livent forecasts 40% growth in lithium demand, prices this year
US-based chemical company Livent expects lithium carbonate equivalent (LCE) demand to increase 40% this year, supported by strong growth in battery and EV sales, Kallanish reports.
Pricing will remain strong in 2023 thanks to a continued supply deficit and record low inventory levels relative to the demand, the lithium producer says in its earnings presentation. Although new supply is slated to come online this year, with multiple announcements of delays and cost…
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