Chinese lithium producers are starting to slash output again after prices of the battery material crashed to a four-year low, suggesting another big round of supply cuts could be imminent for Australia’s beaten-down miners.
Commodity traders are increasingly concerned about the glut in lithium markets, which has intensified in recent months from a fresh wave of supply. That dragged China carbonate prices lower to 61,071.98 yuan ($13,059) a tonne last week, the weakest since March 2021, according to S&P Global Platts.
Ann: First new Phase One geothermal energy-lithium well commenced, page-10
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Last
$3.78 |
Change
-0.130(3.32%) |
Mkt cap ! $826.5M | |||
| Open | High | Low | Value | Volume |
| $3.95 | $4.00 | $3.72 | $4.236M | 1.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2722 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.79 | 3650 | 1 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| VUL (ASX) Chart |