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Benchmark: Lithium Industry Investment Demand will Reach $42 billion by 2030

iconMay 20, 2022 13:20
Source:SMM
SHANGHAI, May 20(SMM) - Recently, market research agency Benchmark Mineral Intelligence predicted that in 2030, lithium demand will reach 2.4 million mt, and investment demand will reach $42 billion.

SHANGHAI, May 20(SMM) - Recently, market research agency Benchmark Mineral Intelligence predicted that in 2030, lithium demand will reach 2.4 million mt, and investment demand will reach $42 billion. If the industry is to meet lithium demand by the end of this decade, it will need roughly $7 billion a year between now and 2028. In addition, Benchmark also mentioned that there will be a shortage of 230,000 mt of refined nickel by 2030.

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