Global Lithium Demand to Reach 2 Million mt LCE in 2026, Basically Achieving Supply-Demand Balance, Tianqi Lithium Chairman Predicts

Published: Nov 27, 2025 15:43

Save

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.

lithium Market

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

SMM Chinese New Year Holiday Price Update Notice

As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.

7 hours ago

23 hours ago

GM Accelerates Development of LMR Batteries

General Motors (GM) is accelerating the development of lithium manganese-rich (LMR) batteries, aiming to introduce its first electric vehicle powered by the technology in 2028, the Financial Times reported on 10th (local time). According to the report, General Motors is pursuing LMR batteries as an alternative to the high-nickel batteries commonly used in the North American EV market, with the goal of reducing electric vehicle production costs.

23 hours ago

Innox Lithium Ships First Overseas Samples of High-Purity Lithium Hydroxide

Innox Lithium, a subsidiary of Innox Advanced Materials, announced on 13th that it has begun shipping samples of high-purity lithium hydroxide to major overseas battery manufacturers. The company said it plans to commence full-scale mass production and sales starting in April, with a focus on overseas markets, before expanding revenue generation to global customers, including those in South Korea.

23 hours ago