Macro headwinds have downgraded our demand forecast, but this is very slight compared to the longer electric vehicle sales story.
Investment announcements through battery production continue to gather pace, shifting strongly in favour to locations outside of China, even from Chinese companies. The supply response to high market pricing has been strong – but elevated lithium contract prices will persist.
Content
• Automotives hit hard by the war in Ukraine & lockdowns in China
• China committing to further battery capacity domestically & abroad
• Regionalisation gathers pace in Indonesia & North America
• Insights into the key battery metals
Learn more by downloading CRU's Battery Materials Market Outlook today.
You can access our Battery Materials expertise in a way to suit you with market experts in all the key regions.
Producers, processors, consumers, governments, financial institutions and industry associations are all working with CRU and benefiting from our global reach and 50 years of experience in advising materials industries.
About CRU
CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through cost analysis, materials forecast, consultancy and events.
Since our foundation in 1969, we have consistently invested in primary research and robust methodologies and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China. CRU employs over 290 experts and has more than 11 offices worldwide, in Europe, the Americas, China, Asia and Australia – our office in Beijing opened in 2004 and Singapore in 2018.
When facing critical business decisions, you can rely on our first-hand knowledge to give you a complete view of the carbon, lithium, cobalt and nickel commodity market, including specific areas such as production of lithium-ion phosphate batteries. And you can engage with our experts directly for the complete picture and a personalised response.
CRU – big enough to deliver a high-quality service, small enough to care about all of our customers.