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Lithium Expert Says China Manipulating Prices Downward
By Charles Kennedy - Apr 06, 2023, 4:30 PM CDT


With lithium prices tanking nearly 60% so far this year, international Lithium expert Joe Lowry says the market isn't reflecting the reality and blames China for using a "false narrative" to manipulate prices lower as a supply squeeze looms large.

"Everybody knows they have a lithium problem and we've seen this year at the beginning of the year, extreme volatility in the China spot market," Lowry told a conference in Singapore, as reported by *.

"I think you're going to see volatility in the lithium space going forward. I believe honestly, that China's tried to create a false narrative to talk the lithium price down. It's going to be interesting, but … the way I look at the numbers we're in a shortage for the rest of this decade," he added.

China accounts for a large part of the global lithium supply and dominates the global lithium-ion battery supply chain.

On Thursday, China's key lithium hub saw companies. . . .