Economic Outlook : finding the right balance
LiOH and energy transition: key material for thermal storage

LiOH prices have experienced extreme volatility, closely tied to the Lithium market from which it is traditionally extracted. After peaking at nearly 80$/kg at the end of 2022, prices collapsed by over 80% during 2023. By early 2024, battery-grade LiOH was trading at only 12.5–14 $/kg (CIF Asia), going back to levels last seen four years earlier. This dramatic decline resulted from a market reversal : temporary oversupply and weakened Chinese demand