China Battery Production in May 2024.
https://x.com/mineralsmindset/status/1802894723398713614
...70% of China's battery production is controlled by CATL and BYD, both are vertically integration with their own lithium mines.
...this is why lithium pricing in China is 'cornered', if you want to call that 'manipulation' so be it. They are less beholden to market vagaries, after learning the hard lessons of 2020-21.
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