((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
January 15 – **KeyBanc Capital Markets reports that lithium demand remained strong through the end of the year, but a Q1 pullback is likely due to the Lunar New Year in China
**The brokerage firm adds that the lithium supply and demand landscape is healing, but further improvement will depend on demand from the electric vehicle and energy storage systems markets, and that “a more balanced market is unlikely before 2026”
** Profitability remains a major challenge for non-integrated producers as lithium prices are depressed and raw material costs have been more stubborn in recent months – KeyBanc
-** Brokerage expects improvements to continue in the first half of 25 years thanks to producer discipline
**Although lithium price direction continues to disappoint…prices are at a trough and there is little downside risk in the near term” – KeyBanc
Belgium
