China’s lithium carbonate prices surged 16.5 per cent in August, rising from $9.6 to $11.2 per kg, driven by supply fears and strong demand from the energy storage sector.
A production halt in Chile, which accounts for 78 per cent of global supply, intensified concerns, leading to anticipatory buying.
Analysts expect prices to stabilise near cost levels once temporary disruptions ease.
A production halt in Chile, which accounts for 78 per cent of global supply, intensified concerns, leading to anticipatory buying.
Analysts expect prices to stabilise near cost levels once temporary disruptions ease.
