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just saying ....."Lithium carbonate prices in China rose to...

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    just saying .....

    "Lithium carbonate prices in China rose to 298,500 yuan/tonne in the second week of January, amid rising global demand and tightening supplies. Upward pressure can be attributed to continuously increasing demand from lithium battery manufacturers, amid projections of higher electric vehicle sales. According to Benchmark Mineral Intelligence, battery manufacturer’s lithium carbonate stocks are at low to non-existent levels due to high demand for EV battery production. Global electric vehicle sales are estimated to have increased by 160% during 2021, while deliveries in China are expected to double in 2022 to over 5 million sales. Meanwhile, miners in China cannot keep up with increased orders. According to Chinese lithium traders, producers are having difficulty in fulfilling their long-term contracts, as the current mining pace cannot match demand."

    https://tradingeconomics.com/commodity/lithium
 
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