China lithium boom slows as sagging prices batter high-cost miners
In China, softer EV demand and a supply glut have pushed down spot lithium carbonate prices to about 1,00,000 yuan from peaks near 6,00,000 yuan in November 2022. | Photo Credit: AFP A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China’s mining of the ultralight…
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