---
title: "Lithium prices have fallen about 70% from their 2022 peak"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289698149.md"
description: "Lithium prices have plummeted approximately 70% from their 2022 peak, marking the sharpest correction in years. Major producer SQM reported a realized price drop of over 64% between 2023 and 2024. This significant collapse is squeezing profit margins across the entire battery-metal supply chain as producers absorb the steep decline."
datetime: "2026-06-14T18:01:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289698149.md)
  - [en](https://longbridge.com/en/news/289698149.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289698149.md)
generator: "portal-rs"
---

# Lithium prices have fallen about 70% from their 2022 peak

Lithium producers are absorbing the sharpest price correction the battery-metals market has seen in years. SQM, the Chilean mining giant and one of the world’s largest lithium suppliers, reported that its average realized lithium price fell more than 64% from 2023 to 2024, a collapse that has squeezed margins across the supply chain. The decline \[…\]

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**