The Amplify Lithium & Battery Technology ETF (BATT) has returned 91.2% over the past year. This comes as lithium prices doubled from their 2025 lows to around $20,000 per metric ton, shifting from oversupply to what analysts call a structural deficit. The lithium market moved from supply glut to balance during 2025. Low prices halted producer investment and slowed global supply growth, according to Morningstar’s February analysis on lithium’s rebound. Meanwhile, JPMorgan Global Research’s outlook on critical minerals forecasts global lithium demand to grow 16% year-over-year in 2026. 30% of incremental demand now ... (full story)