Summary

• Lithium prices rose the past month (especially hydroxide prices). SQM's Daniel Jimenez - "Lithium prices unlikely to fall from current level."
• Lithium market news - S&P Global Market Intelligence forecasts the lithium market to move into deficit in 2025. Lithium producers grow bullish as EV revolution turbocharges demand.
• Lithium company news - SQM ramps up expansion plans after Q1 jump in lithium sales volumes. Ganfeng makes a possible offer for Bacanora Lithium Plc.
• Pilbara Minerals Limited and Calix Limited execute MOU for JV Demonstration Project to develop “midstream” lithium chemicals refinery; ALB/MIN, Neometals, AMG, and LAC all have similar plans.
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