Supply Chain: Upstream and Midstream

Latest Trends in the Lithium Industry

Investors flee while producers hold firm: miners still committing cash to projects

Supply curtailments ongoing for certain mines and refineries, but not yet balanced the market

M&A has slowed this year; company valuations rise on bullish expectations

Government intervention is driving market volatility China, USA, Zimbabwe)

China has domestic lithium supply reform in its sights: two major mines forced to close

Secondary lithium from recycling is already acting as a source of swing supply

Chinaʼs capacity expansions pipeline puts it on its way to become largest producer

Chinese companies are heavily investing in Argentina and Africa

Demand is emerging for lithium intermediates – sulphate and chloride – for high-end LFP processes

BESS demand fuels bullishness, but value chain is overreacting to perceived demand

CAM output has surged, and with it, lithium chemical consumption

CAM and Li refining capacity is expanding outside China, e.g. Southeast Asia

Source: Content & analysis provided by CRU Group Distinguished Partner). For more information, visit crugroup.com

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