Lithium battery raw materials are about to increase in price

Sep. 12, 2024

On September 11, the market rumor global lithium battery giant CATL located in Jiangxi Yichun lithium mica concentrator would be shut down, and three smelters stopped, affecting the monthly output of more than 5,000 tons. Subsequently, lithium phosphate spot and futures prices have ushered in a rise, reaching 73,500 yuan/ton. Industry analysts say CATL's lithium mine shutdown is the main reason for production costs.

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