Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications
Green Car Congress
NOVEMBER 25, 2020
In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies. Prices continued to slide in Q3 2020, with China spot prices falling below US$5,000/t CIF (Cost, Insurance, and Freight) for battery-grade lithium carbonate; contract prices edged closer to US$10,000/t CIF.
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