Category: Raw Materials

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.

The post Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices appeared first on CnEVPost.

For more articles, please visit CnEVPost.

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.

The post Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away appeared first on CnEVPost.

For more articles, please visit CnEVPost.