RE: Happy new year31 Dec 2025 09:37
Let’s hope 2026 is a good one for all genuine kod holders! About time we get a decent return and hope patience pays off. See below re JP Morgan increasing spod price forecast.
On December 17, JP Morgan increased its expectations for lithium demand from energy storage systems, according to Stockhead. The firm now sees these systems making up 32% of lithium carbonate equivalent demand by 2026, rising to 38% by 2030. It projected a medium-term supply deficit of 4% to 7%, prompting the bank to raise its spodumene forecast to US$2,000 per ton and lithium carbonate to US$18,000 per ton by late 2026.