One factor that could strongly affect the lithium industry is the result of the US election. What are the other factors?
The Investing News Network reached out to the market watchers and insiders to get their best predictions for 2024, including top stocks and trends to watch!
2024 LITHIUM
“We forecast a fairly balanced market in 2024. While the low price environment has caused some project expansions to be pushed back slightly and some of the marginal, higher-cost supply has come offline — this has been mostly counterbalanced with larger producers producing more"
Adam Megginson
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Table of Contents
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Lithium Market Update: Q1 2024 in Review
Lithium prices remained subdued in the first quarter of 2024, well below highs set in late 2022 and 2023. Various factors, including oversupply and weak electric vehicle (EV) demand, kept prices muted over the 90 day period. |
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Lithium Market Update: Q2 2024 in Review
Prices for lithium continued to sink during Q2, falling to lows unseen since 2021. |
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Top 6 Lithium Stocks of 2024
The second quarter has drawn to a close, and the year's best-performing lithium stocks on Canadian, US and Australian exchanges are making moves despite today's tough market environment. |
Benchmark Mineral Intelligence
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled. The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available. Prior to making any investment decision, it is recommended that readers seek advice from a qualified investment advisor.