Standard Lithium(US:SLI) Yahoo Finance·2025-11-17 15:40Industry Insights - Standard Lithium (NYSEMKT: SLI) stock surged 13.5% following positive news regarding lithium demand from China [1] - Ganfeng Lithium Group chairman Li Liangbin predicts a 30% to 40% increase in global lithium demand by 2026 [1][8] - Lithium carbonate contracts on China's Guangzhou Futures Exchange rose 9%, closing at 95,200 yuan ($13,401.28) per metric ton, marking the highest price since June 2024 [3] Price Forecasts - Li Liangbin forecasts lithium prices could reach between 150,000 yuan and 200,000 yuan per ton, suggesting a potential price increase of 58% to 110% due to the anticipated demand growth [4] - If fixed costs remain stable, the profit increase for lithium stocks could be significantly higher [4] Company Status - Standard Lithium has yet to commence mining and selling lithium, with analysts estimating that production will not begin until 2028 [5][8] - Current investment in Standard Lithium is viewed as speculative, given the uncertainty surrounding future lithium prices by the time production starts [6]