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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.

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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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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 145
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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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Oversold Lithium could be about to rally

Green Car Congress

Last year’s 12 percent slide by the Bloomberg Commodity Index —spurred by 20 percent-plus declines by industrial bellwethers like West Texas Intermediate crude, steel and platinum—came in the wake of two years of modest gains. On the contrary, certain emerging trends in the industry suggest just the opposite.

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

While future demand from the automotive industry is significant, the real game changer for the lithium industry may be electrical grid storage. A previously defunct mine, Quebec Lithium, has recently seen interest from a Chinese operator. Southwest is becoming a new hotbed for the lithium industry.

Price 150