The Lithium Boom: What You Need to Know About Global Supply
According to SMM, the price of 99.5% Battery Grade Lithium Carbonate surged drastically and averaged 75,600 CNY/mt in December 2024. This surge in prices shows the increasing competition for resources of lithium, especially in the case when China-thought to be the biggest producer and consumer of the metal-keeps a close grip on the market.
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