Outlook 2025: Lithium market recovery boosts ASX opportunities [Video]

Proactive’s Tylah Tully gives an outlook for lithium in 2025.

The lithium market faced a challenging 2024, with prices dropping nearly 25% year-on-year due to oversupply.

Policy uncertainties under Donald Trump’s upcoming presidency, including potential rollbacks of EV incentives, could reduce US battery market growth by up to 20%.

However, analysts, including Morgan Stanley (NYSE:MS) and Morningstar, project that lithium prices have likely stabilised, with the market expected to rebalance in 2025 as demand overtakes supply.

Several ASX-listed companies are positioned to benefit from the anticipated recovery.

Livium Ltd (ASX:LIT, OTC:LMMFF) is advancing sustainable lithium production with patented technologies and battery recycling.

Kali Metals Ltd (ASX:KM1) has a vast exploration portfolio across Australia’s lithium-rich regions, focusing on hard-rock lithium fields in Western Australia, New South Wales, and Victoria.

Lightning Minerals Ltd (ASX:L1M)plans drilling in Brazil’s Lithium Valley, where spodumene with grades up to 4.04% lithium oxide has been discovered. The company has acquired key projects in Minas Gerais to secure a foothold …