I doubtt WR1's Adina would even be needed imhoChina’s lithium supply glut is worsening, with output expected to expand by 41% this year, fueling a steeper downward trend in prices for this material, a crucial component of electric vehicle batteries.
China’s domestic production of lithium carbonate is expected to reach 650,000 tons, a year-on-year increase of 41%, according to Fan Runze, a senior industry analyst at research institute Antaike. With more supply expected to be released in the second half, lithium prices could drop to their lowest point of the year, said Fan at a Wednesday conference.
WR1 General Discussion, page-31818
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