Battery metal price plunge is closing mines and stalling deals – ET Auto
Baua Electric
JANUARY 10, 2024
The low prices are making it harder for mine builders to raise money from more traditional sources as well, at a time when the industry is also grappling with rampant inflation driving up the cost to build new projects. Yet supply charged ahead as demand growth underwhelmed, and the result has been a price freefall.
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