Pantera Minerals (ASX:PFE) believes the lithium market’s long-term fundamentals remain strong despite short-term price volatility, with global demand continuing to rise by 25% per year.
Tim Goldsmith, Non-Executive Director at Pantera, noted that while lithium prices have fluctuated, the structural need for lithium remains unchanged.
"The lithium industry is still in its early stages, and many are struggling to understand its long-term trajectory. We’ve seen demand grow at 25% per year for a long time, and there’s no reason why that won’t continue—driven by EVs, energy storage, and data centres," said Goldsmith.
The global push for electrification continues to fuel lithium demand, but Goldsmith highlighted the challenges of bringing new supply online.
"The challenge is that new supply only comes online when prices incentivise it, and right now, we’re in a low-price cycle. That means volatility is here to stay, but the long-term fundamentals remain incredibly strong," he added.
Pantera Minerals remains confident in lithium’s long-term trajectory, particularly as energy storage solutions and electric vehicle adoption accelerate globally. The Company continues to advance its Smackover lithium brine project, ensuring it is well-positioned to meet future demand.
For the full video interview: https://www.youtube.com/watch?v=xriUGWf-P_4
For more information, please visit https://panterali.com/
About us:
Pantera Lithium (ASX:PFE) is a Perth-based lithium-brine company with a focus on developing its 100% owned flagship Pantera Lithium Brine Project in the lithium rich Smackover Formation in Arkansas, USA, adjacent to Exxon Mobil and other energy industry heavyweights.
Contact details:
Jane Morgan
Investor and Media Relations Manager [email protected]