Lithium prices surged in the second quarter of 2026, defying expectations of a downturn in the market. According to Benchmark Mineral Intelligence, the rally was driven by a combination of factors, including robust demand from the electric vehicle (EV) sector and supply chain disruptions. As a result, lithium carbonate prices rose by over 10% during the quarter, marking a significant increase from the previous quarter. However, industry experts warn that this upward trend may be short-lived, with some predicting a reversal in the coming months due to increased production and potential new supply sources.
Continued rally before reversal: Q2 2026 Lithium Price Review Benchmark Mineral Intelligence
