CRU: lithium price downtrend continues, with disappointing EV sales in China the driver
Green Car Congress
JANUARY 12, 2020
China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date. Source: Fastmarkets.
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