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Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help Tue, 10 Dec 2024 07:55:09 +0800

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output cuts - providing a boon for battery makers.   The continued production raises the prospect of years of oversupply and of weak prices.   Some battery makers own mines or have injected cash into operations to keep them operati...

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