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lithium prices
04/07/2023
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By Kevin Hughes
Chinese lithium producers set floor price as demand for the metal drops
China’s top lithium firms agreed to set a floor price for the metal amid dwindling demand, six individuals confirmed. Ten companies – including Tianqi Lithium and Ganfeng Lithium – that met on the sidelines of a conference in the city of Nanchang in Jiangxi province agreed on the lowest minimum price of 250,000 Chinese yuan […]
09/13/2022
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By Kevin Hughes
Lithium shortage spells disaster for Biden admin’s ill-fated crusade against gasoline-powered vehicles
A lithium shortage might foil the Biden administration’s goal of decreasing the sale of new gasoline-powered vehicles by half. “We don’t have enough [lithium] in the world to turn that much [battery] production in the world by 2035,” said Piedmont Lithium CEO Keith Phillips. He told Yahoo! Finance: “Yes, we’ll have enough – but not by […]
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