A recent industry study highlights a major shift in the long-term outlook for lithium demand. While electric vehicles and energy storage systems remain key drivers, emerging technologies could account for up to 40% of global mineral demand growth by 2050.

According to J.P. Morgan, the surge in energy storage system (ESS) demand is reshaping the market. Shipments are projected to rise +50% in 2025 and +43% in 2026, with ESS now representing 30% of total lithium demand. After months of oversupply concerns, spodumene prices have rebounded from $800/t to $950/t. J.P. Morgan has raised its

A regional perspective on preparing mining organizations for the next investment cycle in Chile, Peru and Argentina.