The lithium industry is riding a wave of excitement over demand for large-scale battery storage, overshadowing the supply-side anxiety in China that has recently roiled the market.
The most-active futures for lithium carbonate — a battery material ingredient — extended gains in Guangzhou on Tuesday morning after jumping 5% in the previous session. Spot prices are at levels last seen in late August, but remain more than 85% below the peak in 2022.
www.bloomberg.com
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