On November 25, Tianqi Lithium Chairman Jiang Anqi stated at the 2nd China International Lithium Industry Conference 2025 that, driven by the demand for grid connection of renewable energy and the rapid growth of electrified equipment such as commercial heavy trucks, the ESS sector and power batteries have seen a continuous increase in the demand for basic lithium materials.
The global lithium demand is expected to reach 2 million mt LCE in 2026, basically achieving a supply-demand balance. With the improvement of the supply-demand pattern in the lithium industry, the industry chain will break away from homogeneous competition, and enterprises will welcome greater development space.
Please note that this news is sourced from https://www.cls.cn/detail/2209819 and translated by SMM.
