Jun. 23 at 7:49 PM
$LAC Ken Hoffman, an expert in lithium and battery materials formerly at McKinsey, laid out his case for a lithium recovery. He sees the bottom in 2025, a gradual recovery starting in 2026, and prices reaching
$15,000 to
$20,000 per metric ton by year-end. Analysts are expecting the supply glut to shrink and largely be gone by 2026. Meanwhile, the longer prices stay in the pain zone, the more low-quality, marginal producers will get taken out on a stretcher. LAC will not suffer as it will ride the uptrend and then once full scale production occurs, this will be Golden.
