All your lithium news, Wednesday May 10.
There are growing signs that the lithium market could be about to turn around with lithium carbonate spot prices gaining some 5.48% today to 192,500 yuan ($41,063).
This view has been reinforced by Morgan Stanley analysts who noted that lithium sentiment in China is improving as inventory levels fall and actual supply growth in 2023 has disappointed.
Chinese electric vehicle sales and battery production are also growing again leading Morgan Stanley to express its belief that the lithium market will become tighter for the rest of this year.
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