Roundup | Chemical Distillate Lithium Run-Up to Start the Year; ICIS Outlook '26 on Value Chains Relevant to Commodity Chemicals 09 Jan 2026 14:39:14 ET CHEMICALCOMMENTARY Lithium prices have rallied to start the year, with lithium carbonate (battery-grade) prices rising ~14% YTD to ~$17k/t ex-VAT and lithium hydroxide prices rising ~19% YTD to ~$15k/t ex-VAT. ALB shares are up ~14% YTD on the bullish lithium sentiment even after a strong rally in 2H25. China's battery materials team notes downstream cathod ...

Key Takeaways RIO is scaling lithium fast via Arcadium Lithium buy and other projects in South America. LAC's Thacker Pass aims for 40,000 tons annually, backed by DOE equity and loan to secure U.S. lithium supply.ALB and SQM are also making efforts to expand global lithium capacity, and boost output, efficiency and scale.After a tough 2025, the global lithium market is gearing up for a new growth cycle. Prices fell about 90% by mid-year from their 2022 peak levels as electric vehicle (EV) demand slowed and ...

J P M O R G A N Asia Pacific Equity Research 19 December 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China Basic Materials Lithium news flow stealing the show; Copper remains our top pick followed by Aluminum The MSCI China Materials Index continued ...

Prices of lithium in China have surged after the announcement of the revocation plan for lithium mining licences by the natural resource authority in Yichun, Jiangxi province, the country’s main lithium-producing hub. The move has raised concerns among investors about the future supply of lithium, reported Reuters. On the Guangzhou Futures Exchange, the most active lithium carbonate contract climbed to 109,860 yuan ($15,595) per tonne (t), its highest level since June 2024. The contract closed up 7.61% ...

DALLAS--(BUSINESS WIRE)--First paragraph, first sentence should read: 1,676,923 Units (instead of 13,701,691 Units). First paragraph, second sentence should read: Pursuant to the Offering, total gross proceeds of $9,999,999.10 were raised through the issuance of an aggregate of 15,384,614 Units. (instead of Total gross proceeds of the Offering were $9,999,999.10.) The updated release reads: LIBERTYSTREAM ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF LIFE OFFERING The net proceeds from the Offering will b ...

December 15, 2025 09:07 PM GMT China Materials | Asia Pacific 2026 Outlook – Equity Implications: New Materials In New Materials, we see more upside for lithium prices from strong Energy Storage demand, and continued uranium recovery; solar glass prices likely face seasonal pressure. Lithium – better-than-expected demand leading to improved outlook for prices: Lithium demand has been better than expected YTD with very strong demand from Energy Storage Systems (ESS). ESS production is up 70% YoY YTD, and the ...

December 15, 2025 11:03 PM GMT China Materials | Asia Pacific 2026 Outlook – Up-cycle Continues Supportive macro environment and some supply disruptions are supporting commodity prices. Energy storage demand remains strong. We prefer aluminum, copper, gold, lithium, and cobalt equities in this environment. Supportive macro environment and supply disruptions are supporting commodity prices: Our global strategy team expects the USD Bear Regime to continue, weakening the DXY another 5% into 1H26 before rebound ...

12 December 2025 ab Global Research China Lithium Raise price targets for China Lithium companies due to strong BESS demand We raise our lithium price assumptions Along with UBS's Global Basic Materials team, we raise our estimates for China lithium carbonate average spot prices (including VAT) 35%/122%/100% to Rmb135k/200k/180k/t in 2026/27/28. We are now 56%/79%/52% above consensus. Our optimistic view is driven by higher demand growth driven by Battery Energy Storage Systems (BESS) in China and ex China ...

Core Viewpoint - LibertyStream Infrastructure Partners Inc. has successfully closed the first tranche of its private placement, raising approximately $8.91 million through the issuance of 13,707,691 units at a price of $0.65 per unit, with a second tranche expected to follow in December 2025 [1][4]. Group 1: Offering Details - The first tranche involved the issuance of 13,707,691 units, generating gross proceeds of $8,909,999.15 [1]. - The second tranche will consist of 1,676,923 units, expected to raise an additional $1,089,999.95 [1]. - Each unit includes one common share and one warrant, with warrants allowing the purchase of common shares at an exercise price of $1.00 for 36 months post-offering [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to developing direct lithium extraction technology, enhancing operational efficiencies, and scaling up lithium carbonate production in the Delaware Basin, Texas [4]. - The funds will also support the creation of lithium product samples for potential customers and general working capital needs [4]. Group 3: Regulatory and Compliance Information - The offering was conducted under the "listed issuer financing" exemption, allowing the securities to be issued without a hold period under Canadian securities laws [3]. - The units have not been registered under the U.S. Securities Act and are offered only to accredited investors in the U.S. under specific exemptions [5]. Group 4: Company Overview - LibertyStream is focused on becoming one of North America's first commercial producers of lithium carbonate from oilfield brine, leveraging proprietary technology to reduce costs and risks while supporting clean energy transitions [6]. - The company aims to create long-term shareholder value through efficient operations and transparency [6].

Core Insights - Sigma Lithium's cost-cutting measures are expected to yield significant benefits as lithium prices continue to rise, with shares surging over 120% in the past month [1][5] - Lithium prices reached an 18-month high, with projections indicating a potential increase in demand by 30% to 40% by 2026, which could drive prices above 150,000 yuan per metric ton [3] - Sigma Lithium operates in Brazil, producing 270,000 tonnes of lithium oxide concentrate annually and is expanding its capacity with a second plant [4] Financial Performance - In Q3, despite a 27% drop in production volume and a 15% decrease in sales volume year-over-year, Sigma Lithium's revenue increased by 36% due to a nearly 60% rise in average selling price [6] - The company reduced its net loss by over 50% to $11.6 million, aided by significant debt reduction efforts, cutting high-interest, short-term debt by 48% [6][7] Market Dynamics - The recent surge in lithium prices is anticipated to accelerate Sigma Lithium's path to profitability, making the stock increasingly attractive [7] - The volatility of commodity prices, including lithium, poses a risk for companies like Sigma Lithium [7]