China's EV Subsidies Set to Fuel Lithium Price Recovery in 2025

After a year of extreme volatility, lithium prices are expected to stabilize in 2025 as a global supply glut eases. Strong electric vehicle (EV) sales growth from Chinese markets paired with mine closures are expected to cut the global glut by a staggering 50 percent according to figures from Antaike, China's state-owned commodity data provider. However, there are other factors that leave a certain degree of uncertainty in projections for the rest of 2025, with United States politics potentially lowering lithium demand, while other factors could,…