Have lithium prices reached a bottom?

Prices for lithium chemicals in the Chinese domestic market rose in early March, raising hopes that a year-long market rout might be over. Battery grade lithium carbonate prices in the Chinese domestic market rose by 11% w-o-w to reach RMB 106,000/tonne ($14,725) (EXW China), breaching the RMB 100,000/tonne threshold for the first time in 2024. […]