China’s Lithium Values Rally Over Sichuan’s Power Crunch
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8 views • 08/29/2022

https://gnews.org/post/p1efk31d8

08/24/2022 Bloomberg reports: China‘s Lithium carbonate prices have risen to 484,500 yuan per ton (more than $70,000) due to power restrictions in Sichuan, reaching their highest level since April.  According to analysts, the rise in lithium prices will continue for some time. Lithium is a prime ingredient for electric vehicle batteries,  and buyers and sellers are striving to hoard supplies for future lithium prices to soar.

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