Archive · 25 Nov 2025
Lithium Prices Set to Rise on Chinese Curb
Lithium prices are going up because China is limiting how much lithium is produced, and there's a lot of demand for it, especially for electric car batteries.
Analysts think prices will keep going up in 2025 and 2027.
Some companies have even stopped producing lithium for a while, which makes the prices go up even more.
There's also a lot of talk about how lithium is really important for making electric cars, so people are buying more of it.
But even with all this demand, there might be too much lithium in the future, around 2030.
Lithium prices are expected to rise due to Chinese supply curbs and robust demand for EVs.
BMI revised its 2025 price forecasts upwards to $10,100/tonne for lithium carbonate and $9,700/tonne for lithium hydroxide.
Spodumene concentrate prices increased from $600/tonne in June to $820/tonne in September 2025.
Lithium hydroxide prices recovered by almost 20% over the same period, rising from $7,550/tonne to $9,000/tonne in September 2025.
SQM raised its 2025 global lithium demand growth forecast to over 20%, driven by growth in electric vehicles and energy storage systems.
- Who
- Analysts, BMI, AOCE, SQM, Chinese government
- What
- Lithium prices are expected to rise due to Chinese supply curbs and robust demand for EVs
- When
- Current trends and forecasts for 2025 and 2027
- Where
- Global, with a focus on China and Chile
- Why
- Due to supply curbs in China, robust demand for EVs, and temporary production curtailments
- Lithium Carbonate Futures (November 2025)
- 87,000 yuan ($12,248) per tonne
- Lithium Demand Growth (2025 Forecast)
- Over 20%