The post Lithium Holds Near $22,000/t as Demand Outlook Stays Strong Into 2040 appeared on BitcoinEthereumNews.com.

The update matters for miners, battery makers, automakers, and traders because lithium sits at the center of the battery chain. Lithium stayed in focus after a new long-term demand post, and two market charts pointed to a mixed setup. The latest move took shape in March, when spot prices eased from recent highs, but longer-term demand signals stayed firm; the bigger story is that both end-use growth and market structure still favor lithium over a longer window. EVs and Battery Storage Demand Growth An analyst post on X said lithium demand forecasts through 2040 show an interesting trend, and the post listed expected CAGR by end use, with EVs at 9% and battery energy storage systems at 11%; it said EVs are still expected to remain the largest contributor to total demand. The forecast showed lithium demand rising through 2040, with EV demand growing at 9% CAGR and battery storage at 11% CAGR, while EVs remained the biggest demand source. The chart attached to that X post showed EV sales rising steadily into 2040, while storage demand also climbed at a fast pace; the combined lithium demand by end use moved toward roughly 5,500 kilotonnes LCE by 2040, and most of that demand still came from EVs, with storage and other uses adding smaller shares. That setup shows who is affected by this development: automakers need short-term visibility, battery producers need raw material planning, and miners need a clear long-term demand signal. Additionally, the post matters because it points to where future buying may come from, even when short-term prices move lower. The lithium spot chart shows a strong rebound over one year However, the one-year lithium carbonate chart showed a deep midyear low and then a powerful rebound. At press time, the price stood at 156,500 yuan per tonne,…

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Filed under: News - @ March 16, 2026 10:29 pm