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10 Feb
14:12

Experts say no need to worry about overcapacity amid declining lithium carbonate price

In China, the average market price of battery-grade lithium carbonate declined about 3.9% during the week to CNY 467,600 ($68,671.95)/tonne, according to data from 100ppi.  Some sources report an 11.88% decline since the start of 2023.  Although lithium carbonate production volume increased 32.5% during 2022 according to data from the China Nonferrous Metals Industry Association (CNIA) and several companies are still expanding lithium salt production ca…
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