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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

“Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

China 52
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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Several factors have likely helped push Chinese lithium to its meager price. Foremost, the Chinese government recently ended incentives for electric vehicles, which has slightly slowed their adoption in recent weeks. What do you think of the article? Do you have any comments, questions, or concerns?

Price 141
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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices. The report also highlights that global copper supply may face disruptions due to issues in major producing countries like Chile , Peru, and Panama.

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Lithium prices bounce after big plunge, but surpluses loom – ET Auto

Baua Electric

2 producer Chile to nationalise its lithium sector may curb long-term supply growth, but it is not expected to have an immediate impact, analysts said. Chinese state-backed research house Antaike expects lithium carbonate prices to average 220,000 yuan a tonne this year, down 54% from 2022, it said at a conference last week.

Price 40
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What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

Knowing the importance of these elements, china made strategic investments and bought mines in the countries such as Congo, Bolivia, Chile, and Australia where these elements are available. Panasonic, Tesla, Toyota, and Chinese firms are pioneering new technologies. In fact, China controls half the cobalt mines in Congo.

India 52
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Oversold Lithium could be about to rally

Green Car Congress

Shares of major lithium producers and explorers including Sociedad Química y Minera de Chile (NYSE:SQM), Albemarle Corp. Many Chinese brine producers in the Qinghai region had outlined plans to triple or quadruple capacities over the coming 3-4 years. Link to article: [link].

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Up until two years ago, the so-called “big three” —Albermarle (NYSE:ALB) in Chile and Nevada; SQM (NYSE:SQM) in Chile; FMC (NYSE:FMC) in Argentina—controlled 89% of the world’s lithium production. A previously defunct mine, Quebec Lithium, has recently seen interest from a Chinese operator.

Price 150