on 08-Dec-2025 8 December 2025 Global Energy Storage Global Energy Storage: 2026 Lithium Outlook. How high can prices go? Brian Ho, CFA +852 2123 2615 brian.ho@bernsteinsg.com Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Hengliang Zhang +852 2123 2629 hengliang.zhang@bernsteinsg.com The lithium market appears to have reached a cyclical bottom with 2025 broadly balanced and a tighter supply-demand setup in 2026. Prices have rebounded to around $13k/t but remain below levels needed to i ...