Lithium price decline casts shadow over long-term supply prospects – 2023 in review
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A major correction in prices from record highs defined the lithium market in 2023, as new capacities provided flexibility in raw material supplies and electric vehicle (EV) demand growth underperformed on expectations. Benchmark’s lithium carbonate prices had surged to unprecedented levels, reaching $81,375 per tonne in China by December 2022, leading consumers across the supply […]