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Lithium carbonate prices drop nearly 40% amid China's NEV subsidy reduction

Nuying Huang, Taipei; Emma Hsu, DIGITIMES Asia 0

Credit: AFP

Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below CNY350,000 (US$51,000) per ton, compared to its peak at CNY600,000...

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