https://www.forseepower.com/news/
CALB supply batteries to Forsee power.
Meaning lots of Li needed just for this one customer.
Similar deals are going on outside China with Chinese battery companies many are part of the silk rd strategy set up years ago.
China will be needing similar amounts of Li in products exported as in domestic use very soon. Chinese domestic EV sales will be a smaller part of the picture. IMO.
The lower Chinese Li spot price will be an early 2023 story IMO.
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