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Analysis-China lithium boom slows as sagging prices batter high-cost miners

A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction process is prompting a reassessment of output growth and new project plans. Softening EV demand has knocked down global lithium prices, with a basket tracked by Benchmark Mineral Intelligence plunging more than 80% in the past 12 months. In China, which accounted for about a quarter of the world's mined lithium ou...
United States Andrew Hayley Li Liangbin Siyi Liu Yan Yun Susan Zou
Source: yahoo.com

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