Significant Drop in Lithium Prices Shakes Industry
Lithium, a key component in electric vehicle batteries, has experienced a dramatic 75% price drop this year. The decline, extending over nearly a month, reflects an oversupply in the market. Chinese prices for lithium carbonate, a semi-processed form, fell by 2.3% recently, with a 20% decrease this month alone. Spodumene, the lithium-bearing rock from Australia, […]