What is the company's latest thought process on the demand front for battery technologies, particularly in terms of energy density and new model launches 
ility, and we're reliable in bringing on supply. So we're an attractive partner for them in those dialogues, and we're in the middle of all those discussions now as we bring on this new capacity and look into the future to bring on future capacity, particularly as Kent referenced, as we look to localize capacity in North America and Europe.
Christopher Parkinson -- Mizuho Securities -- Analyst
That's helpful. And just a quick follow-up. Just what would just be your latest thought process? On the demand front, you already hit on a few things. But just in terms of battery technologies, energy density.
Just any color on what you've seen in terms of new model launches and potentially advancing high-nickel cathode chemistries? That would be very helpful.
Eric Norris -- President, Lithium
Yes. So on battery chemistry for electric vehicles, we still see over the five- and 10-year view -- or sorry, I'll put it another way, over the 2025 and 2030 view that we've characterized in our growth charts in the earnings deck. We still see nickel -- high nickel being the key to higher range. And we further see innovations on the anode side in prelithiation and new technologies that will further allow more energy density and cost-effectiveness of those nickel chemistries with that parity to internal combustion engines and coming in within that 18- to 24-month period.
That being said, it's pretty clear and our projections would show that LFP for lower energy density for lower-range vehicles, lower-cost vehicles is going to remain a segment of this market, not only now but through this 10-year period. And it's a double-digit percentage over that period of time, a low double-digit percentage but a double-digit percentage of the market. But most of the growth will be hydroxide.
Christopher Parkinson -- Mizuho Securities -- Analyst
Thank you very much.
Operator
Our next question comes from Alex Yefremov with KeyBanc. Your line is open.
Alex Yefremov -- KeyBanc Capital Markets -- Analyst
Thank you. Good morning, everyone. I think as I look at your pricing guidance for lithium segment, it was a very strong. If I even assume some level of cost inflation, that cost number to get to your EBITDA and EPS guidance ends up being very high based on my model, at least, maybe as high as 40% or more per ton.
Is there anything else beyond the spodumene and Talison dynamics that you already described in terms of cost that we should keep in mind for '22?
Kent Masters -- Chairman, President, and Chief Executive Officer
So I mean, I think you have to appreciate we're bringing on new plants. And when we bring them on, they're not loaded, right? So there's a lot of -- we're doing multiple facilities doing that. So there's high fixed costs associated with lower volumes. But other than that, I mean, the pricing movements are pretty aggressive and pretty consistent.
We've moved our portfolio quite a bit. We've been talking about that, and we've more or less done that. So we're more exposed to the market than we have been in the past. But I think you have to keep in mind that fixed cost piece about bringing on new facilities that are not loaded.
Alex Yefremov -- KeyBanc Capital Markets -- Analyst
OK. Appreciate it. And then I wanted to follow up on the pricing side. I guess, given the approximately 50% of your volume have these indices, would any of these indices reset during the year? And could you end up above the 45% sort of upper bound of your lithium guidance -- price guidance?
Eric Norris -- President, Lithium
It's Eric. I can answer that. It's -- they are all based on indices that continue to move. The recent movement has been upward in the past three months.
Again, sort of the tip of the spear being China prices, which are significantly higher. Where the market goes long term, we don't know. If there is a downward sort of correction in China prices, that will hit the China spot volumes we have. If however the spot -- these indices for the large part of our business is variable fixed ceiling floor, those are well below those spot prices.
It's very hard to say. 
ility, and we're reliable in bringing on supply. So we're an attractive partner for them in those dialogues, and we're in the middle of all those discussions now as we bring on this new capacity and look into the future to bring on future capacity, particularly as Kent referenced, as we look to localize capacity in North America and Europe.
Christopher Parkinson -- Mizuho Securities -- Analyst
That's helpful. And just a quick follow-up. Just what would just be your latest thought process? On the demand front, you already hit on a few things. But just in terms of battery technologies, energy density.
Just any color on what you've seen in terms of new model launches and potentially advancing high-nickel cathode chemistries? That would be very helpful.
Eric Norris -- President, Lithium
Yes. So on battery chemistry for electric vehicles, we still see over the five- and 10-year view -- or sorry, I'll put it another way, over the 2025 and 2030 view that we've characterized in our growth charts in the earnings deck. We still see nickel -- high nickel being the key to higher range. And we further see innovations on the anode side in prelithiation and new technologies that will further allow more energy density and cost-effectiveness of those nickel chemistries with that parity to internal combustion engines and coming in within that 18- to 24-month period.
That being said, it's pretty clear and our projections would show that LFP for lower energy density for lower-range vehicles, lower-cost vehicles is going to remain a segment of this market, not only now but through this 10-year period. And it's a double-digit percentage over that period of time, a low double-digit percentage but a double-digit percentage of the market. But most of the growth will be hydroxide.
Christopher Parkinson -- Mizuho Securities -- Analyst
Thank you very much.
Operator
Our next question comes from Alex Yefremov with KeyBanc. Your line is open.
Alex Yefremov -- KeyBanc Capital Markets -- Analyst
Thank you. Good morning, everyone. I think as I look at your pricing guidance for lithium segment, it was a very strong. If I even assume some level of cost inflation, that cost number to get to your EBITDA and EPS guidance ends up being very high based on my model, at least, maybe as high as 40% or more per ton.
 Is there anything else beyond the spodumene and Talison dynamics that you already described in terms of cost that we should keep in mind for '22?
Kent Masters -- Chairman, President, and Chief Executive Officer
So I mean, I think you have to appreciate we're bringing on new plants. And when we bring them on, they're not loaded, right? So there's a lot of -- we're doing multiple facilities doing that. So there's high fixed costs associated with lower volumes. But other than that, I mean, the pricing movements are pretty aggressive and pretty consistent.
We've moved our portfolio quite a bit. We've been talking about that, and we've more or less done that. So we're more exposed to the market than we have been in the past. But I think you have to keep in mind that fixed cost piece about bringing on new facilities that are not loaded.
Alex Yefremov -- KeyBanc Capital Markets -- Analyst
OK. Appreciate it. And then I wanted to follow up on the pricing side. I guess, given the approximately 50% of your volume have these indices, would any of these indices reset during the year? And could you end up above the 45% sort of upper bound of your lithium guidance -- price guidance?
Eric Norris -- President, Lithium
It's Eric. I can answer that. It's -- they are all based on indices that continue to move. The recent movement has been upward in the past three months.
Again, sort of the tip of the spear being China prices, which are significantly higher. Where the market goes long term, we don't know. If there is a downward sort of correction in China prices, that will hit the China spot volumes we have. If however the spot -- these indices for the large part of our business is variable fixed ceiling floor, those are well below those spot prices.
It's very hard to say. 