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(Bloomberg) Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticApple’s iPhone 15 Debut Includes Higher Price on Top ModelBP CEO Looney Quits Over Past Relationships With ColleaguesAT&T, T-Mobile Offer Free iPhone 15 in Lure for ....
China is set to hold auctions for licenses to mine lithium, a key element in electric vehicle batteries. The auctions come as China, the world's large ....
Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying. China is the biggest producer of electric vehicles and lithium is a… ....
Dozens of crocodiles in southern China escape from farm during floods washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.