BYD and Tsingshan are backing out of multimillion-dollar plans to build lithium cathode plants in Chile, according to Reuters.
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Category: Raw Materials
China’s lithium industry gets long overdue relief as order intake and prices recover
There have been frequent cases of LFP producers receiving large orders, and some of the big players are raising prices.
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BYD holds lithium mining rights in Brazil, report says
BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD holds lithium mining rights in Brazil, report says
BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD holds lithium mining rights in Brazil, report says
BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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CATL suspending lithium production in Jiangxi, sending lithium producer shares soaring
A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
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China EV battery prices fall slightly in Jul as material costs continue to decline, says TrendForce
Demand for power batteries in China was steady overall in July, but battery material costs continued to fall, resulting in a slight downward trend in battery cell prices, TrendForce said.
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China battery prices face downward pressure as lithium prices continue to fall, says TrendForce
TrendForce expects battery cell prices to continue to face downward pressure at the beginning of the third quarter, with hopes for price stabilization resting on restocking demand under the peak season at the end of the third quarter.
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Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices
Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.
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Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.
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