Lithium companies climb on 2026 demand growth forecast

Lithium Americas

17/11/2025 11:13

** U.S.-listed shares of lithium companies rise in premarket trade

** Ganfeng Lithium Group Co's 002460.SZ chairman forecast demand growth of 30% or even 40% for the battery metal in 2026

** The most-traded lithium carbonate contract on the Guangzhou Futures Exchange rose 9% to close to an upper limit at 95,200 yuan ($13,395.62) per metric ton, its highest since June 2024

** Albemarle ALB.N climbs 3.8%, while U.S.-listed shares of Chile's SQM SQMA.SN, SQM.N were up 3%

** Sigma Lithium SGML.O jumps 23%

** Shares of Lithium Americas LAC.N and Standard Lithium SLI.N were up 3.6% and 5.5%, respectively

** Ganfeng chairman also said demand growth could drive the lithium carbonate price above 150,000 yuan a ton, or even to 200,000 yuan

($1 = 7.1068 Chinese yuan)

 (Reporting by Arunima Kumar in Bengaluru)

 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))