lithium-ion batteries|storage battery
Contemporary Amperex Technology Co. Limited (CATL) has announced development of LFP battery packs costing below $100 per kilowatt-hour, representing a
Sign up here. But China's power sector reforms helped to fuel stronger than expected demand for lithium used in batteries for power system storage in the second half of 2025, supporting a cautiously optimistic view of prospects for the new year.
The elevated lithium metal prices across key markets underscore the material's critical role in high-performance industries such as electric vehicles, energy storage, and electronics, with sustained demand and supply-side constraints contributing to a stable or rising global price trend. USA
The data centre building boom in China and globally has also driven growing power storage demand for lithium, said Jinyi Su, a Wuxi-based analyst at consultancy Fubao, adding that rapid growth in lithium demand from energy storage in the second half of 2025 has surpassed expectations.
"Looking ahead, energy storage is likely to become a game changer for lithium, improving its fundamentals, but too high a price could undermine the economics of energy storage, keeping a lid on prices," Su said.
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