LONDON, Dec. 20, 2018
LONDON, Dec. 20, 2018 /PRNewswire/ --
Global demand for lithium is expected to rise dramatically in the coming years, mainly due to its importance in lithium-ion batteries for the burgeoning EV sector.
As the lithium market matures and becomes increasingly commoditised, CRU is pleased to announce the launch of the Lithium Market Outlook Service. This service will complement CRU's existing analysis services in the battery sector including the Battery Metals Market Outlook, Cobalt Market Outlook and Nickel Market Outlook.
George Heppel, editor of the Lithium Market Outlook Service, said, "The next 5 years are expected to be extremely transformative for the global lithium market. On the demand side, 2018 marks the first year when demand for lithium for batteries has outstripped all other end uses combined, and double-digit growth is expected in the long-term. Looking to supply, the story is very much one of a burgeoning pipeline with large-scale expansions expected in hard rock and brine operations alike.
"CRU has carefully tracked the lithium market for several years now as part of multi-client studies and bespoke projects. This new analysis product builds not only on this extensive experience but also on our existing framework for battery market analysis, built in conjunction with our nickel and cobalt services."
Read more about CRU: http://bit.ly/About_CRU
CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events.
Since our foundation by Robert Perlman in 1969, we have consistently invested in primary research and robust methodologies, and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China.
CRU employs over 260 experts and has more than 10 offices around the world, in Europe, the Americas, China, Asia and Australia – our office in Beijing opened in 2004.
When facing critical business decisions, you can rely on our first-hand knowledge to give you a complete view of a commodity market. And you can engage with our experts directly, for the full picture and a personalised response.
CRU – big enough to deliver a high-quality service, small enough to care about all of our customers.