Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:"Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. ("ILC" or the "Company"). I would like to share a few comments on the year-to-date and t ...

Company Developments - IGO Ltd (ASX:IGO) has commenced construction of its new lithium plant at Greenbushes, with a projected capacity of approximately 500,000 tonnes per year of spodumene concentrate [5] - Champion Iron (ASX:CIA) is pursuing the acquisition of Norwegian iron ore producer Rana Gruber for around US$289 million, marking an overseas expansion [5] - Monadelphous has been selected to assist Rio Tinto (ASX:RIO) in building a significant link at the Brockman Syncline iron development in Western Australia [6] - Eminence Minerals (ASX:EMA) has concluded its hearing with the Aboriginal Cultural Heritage Committee regarding two new Aboriginal sites near the Hamersley Iron Ore Project, with findings expected in early 2026 [6] Market Overview - Australian shares are up by 0.5% at the start of the last week of the year, influenced by the upcoming holiday breaks [1] - The major U.S. indices have shown positive performance, with the S&P gaining 0.9%, the Dow Jones advancing 0.4%, and the Nasdaq increasing by 1.4% due to AI-related gains [3] - European markets also experienced gains, with the Eurostoxx up by 0.4% and the FTSE adding 0.6% [3] Commodity Prices - The Australian dollar is trading at 66.1 U.S. cents [7] - Iron ore prices have decreased by approximately 0.4%, now at $104.50 per tonne in Singapore [7] - Brent crude remains stable at $60.47 per barrel [7] - Gold is priced at $4,350 per ounce [7] - U.S. natural gas futures have increased by 2%, reaching $3.98 per gigajoule [7]

Lithium Americas Corp. (NYSE:LAC) is one of the stocks Jim Cramer shed light on. When a caller asked about the stock during the lightning round, Cramer stated: “No, no, there’s nothing there for you. We’re just going to have to skip it. That’s a yesteryear stock. It’s just, it’s a no-go.” Photo by Adam Nowakowski on Unsplash Lithium Americas Corp. (NYSE:LAC) operates lithium deposits and processing facilities, with its main project at Thacker Pass. It is worth noting that the stock is up over 50% year ...

Summary of Key Points from the Conference Call Industry Overview: Lithium - **Demand Revisions**: Significant upward revisions in lithium demand forecasts, particularly driven by energy storage systems (ESS) and commercial vehicles, with a projection of 3.5 million tonnes of lithium carbonate equivalent (LCE) by 2030, aligning with the upper end of consensus estimates [2][5][38] - **Supply Dynamics**: Despite increased supply forecasts from regions like China, Africa, and Australia, the projected deficits in the near term have widened, indicating a prolonged incentive price environment [2][5][44] - **Price Forecasts**: - Spodumene prices are expected to rise to $2,000 per tonne by Q4 2026, up from approximately $1,100 per tonne [2][5][12] - Lithium carbonate prices are forecasted to reach $18,000 per tonne, compared to a current spot price of around $13,500 per tonne [2][5][12] Key Insights on Demand - **ESS Growth**: ESS production forecast for 2026 has been raised by 17% to 900 GWh, with ESS expected to represent 32% of total LCE demand in 2026, increasing to 38% by 2030 [5][38] - **EV Battery Demand**: Global forecasts for battery demand in battery electric vehicles (BEVs) have increased by 4-22% for the period 2026-2030, driven by larger battery sizes in commercial vehicles [5][40][42] - **Commercial Vehicle Adoption**: High-density truck (HDT) EV battery installations have reached a four-year high of 28%, with expectations that commercial vehicles will account for 18% of total LCE EV demand by 2026, up from 13% [5][40] Supply Forecasts - **Supply Increases**: Supply forecasts for 2026 have increased by approximately 7%, with longer-term forecasts rising by 14-18% [5][44] - **Mine Restarts**: Notable restarts include Bald Hill and Ngungaju in Australia, with Greenbushes expected to maintain throughput at approximately 9 million tonnes per annum [5][48] - **Regional Contributions**: - Australia is projected to contribute significantly to supply increases, while Chile and Argentina have seen slight reductions in long-term volumes [5][48] Stock Recommendations - **Upgrades to Ratings**: All pure-play lithium stocks have been upgraded to "Overweight" (OW), with specific price targets set for: - IGO Ltd. at A$10.20, offering approximately 50% upside [6][10][19] - Pilbara Minerals Ltd. at A$4.80, offering around 24% upside [6][10][19] - Liontown Resources at A$1.85, with a 37% upside potential [6][10][19] Market Dynamics - **Deficit Projections**: The market is expected to experience a deficit of 4-7% of demand in the medium term, necessitating price increases to incentivize new supply [5][12][52] - **Stock Performance**: Lithium miners have seen a rally of over 25% since October, closely tracking spot spodumene prices [6][21] Additional Insights - **Long-term Price Stability**: The long-term spodumene price remains unchanged at $1,300 per tonne, indicating a cautious approach to forecasting in a fluid market [12][13] - **Global Vehicle Sales**: Projections for global vehicle sales indicate a steady increase, with battery electric vehicles expected to grow significantly in market share [49] This summary encapsulates the critical insights and projections from the conference call, focusing on the lithium industry, demand and supply dynamics, stock recommendations, and market trends.

Investment Rating - The report upgrades SQM to Overweight (OW) from Neutral (N) based on a positive outlook for lithium prices over the next two years [1][4]. Core Insights - The lithium industry is expected to return to a structural deficit of approximately 130kt/year over the next five years, primarily driven by a significant 17% upward revision in Energy Stationary Storage (ESS) demand, which is projected to account for 42% of global lithium consumption by 2030 [1][11]. - J.P. Morgan has raised its price forecasts for lithium carbonate and hydroxide for 2026 and 2027 by 43% and 66% to $17,500/t and $22,000/t respectively, indicating a potential price increase of 62% from the current spot price of $13,550/t [1][11]. - SQM's EBITDA for 2026 is forecasted at $3.3 billion, representing a 76% increase from previous estimates and 60% above consensus [1][11]. Summary by Sections Price Forecasts - The new price forecasts for lithium carbonate and hydroxide reflect a tighter market, with expectations of elevated prices due to the need for higher incentives to bring new supply online [1][11]. - The report anticipates SQM to trade at a multiple of 6.6x EV/EBITDA at the peak of the cycle, consistent with previous industry peaks [1][11]. Demand Drivers - ESS demand is expected to exceed previous forecasts, with a significant increase in battery shipments driven by policy support in China and strong order momentum in Europe [21][11]. - The report highlights that ESS will represent 34% of total lithium market demand in 2026, increasing to 42% by 2030 [21][11]. Supply Outlook - Despite higher supply projections from various regions, the supply-demand balance is expected to remain in a deeper deficit, with deficits projected at -138kt LCE in 2026 and -127kt LCE in 2027 [1][11]. - The report notes that SQM's growth is back on track, with expected volume increases and low costs, supported by favorable political developments in Chile [1][11]. Valuation - The December 2026 price target for SQM is raised to $79.00 from $41.00, derived from a DCF analysis and a target EV/EBITDA methodology [12][11]. - The valuation incorporates the terms of the joint venture agreement with the Chilean government, which allows SQM to retain a significant portion of free cash flow from operations [12][11].

The price of the metal has done particularly well, with lithium carbonate rising 25.73% year-to-date, as of November 30, 2025, according to Sprott Asset Management's Jacob White, CFA. Plenty of attention from advisors and investors has been focused on gold, silver, and copper as of late, but those aren't the only metals worth looking at. One metal that may be flying under the radar for many investors and advisors is lithium. Much like the price of Lithium itself, LITP has displayed an extremely strong track ...

南华期货碳酸锂数据日报 2025年12月18日 夏莹莹 投资咨询证书：Z0016569 研究助理：余维函 期货从业证号：F03144703 联系邮箱：yuwh@nawaa.com 投资咨询业务资格：证监许可【2011】1290号 一、期货数据 碳酸锂期货主力合约 source： 同花顺,南华研究 元/吨 碳酸锂期货主力合约收盘价 碳酸锂期货主力合约成交量(右轴) 碳酸锂期货主力合约持仓量(右轴) 手 24/12 25/01 25/02 25/03 25/04 25/05 25/06 25/07 25/08 25/09 25/10 25/11 60000 80000 100000 0 500000 1000000 1500000 2000000 碳酸锂期货数据 | 指标 | 本期值 | 日涨跌 | 日环比 | 周涨跌 | 周环比 | 单位 | | --- | --- | --- | --- | --- | --- | --- | | 主力合约收盘价 | 106160 | -2460 | -2.26% | 7280 | 7.36% | 元/吨 | | 主力合约成交量 | 1013916 | -144695 | - ...

Core Viewpoint - The lithium market is facing a more severe supply shortage than previously anticipated due to a surge in demand, leading to significant price increases for lithium carbonate and spodumene [1][7][8]. Demand Dynamics - The growth in lithium demand is primarily driven by energy storage systems (ESS) and electric commercial vehicles (CV), with forecasts for global ESS production in 2026 raised by 17% to 900 GWh, and a projected increase in ESS's share of total lithium carbonate equivalent (LCE) demand from 32% in 2026 to 38% by 2030 [2][3]. - The demand for electric vehicle (EV) batteries, particularly in the commercial vehicle sector, has been significantly revised upwards, with projections for battery demand from 2026 to 2030 increased by 4% to 22% [2][3]. Supply Constraints - Despite anticipated supply growth from regions like China, Africa, and Australia, the report emphasizes that the response from the supply side is lagging behind the rapid demand increase, with supply expected to grow only 7% in 2026 and 14%-18% from 2027 to 2030 [6]. Price Forecast Adjustments - The supply-demand imbalance is projected to create a shortfall of 4% to 7% of total demand in the mid-term, necessitating higher prices to stimulate new supply [7]. - Price forecasts for lithium carbonate have been raised to $18,000 per ton and for spodumene to $2,000 per ton, reflecting the tightening market conditions [8][10]. Stock Ratings and Price Targets - Following the optimistic outlook for lithium prices, JPMorgan has upgraded all pure lithium mining stocks to "Overweight" and raised their price targets significantly, indicating substantial upside potential for these stocks [1][10].

Core Viewpoint - Elektros Inc. has provided updates and clarifications regarding its mining operations and licensing status in Sierra Leone, specifically noting that it did not hold a mining license during the period from January 1, 2025, to September 2025 [1] Group 1 - The company is involved in the development of lithium mining operations in Sierra Leone [1] - The clarification indicates a lack of mining license for the specified period, which may impact operational capabilities and future plans [1]

Key Points China is revoking multiple lithium mining licenses, pushing local lithium prices higher. Global lithium stocks are rising as well. 10 stocks we like better than Sociedad Química Y Minera De Chile › Shares of Sociedad Quimica Y Minera de Chile S.A. (NYSE: SQM), one of the biggest stocks in Chile and a key international supplier of lithium for electric car batteries, jumped 5% through 11:25 a.m. ET. You can thank China for the good news. Image source: Getty Images. Chinese moves the mar ...