of course china is the cause of all this instability in the price of lithium.
where the market .. the natural supply and demand for lithium should decide the price, China is artificial altering the demand by trying to dominate the EV market with subsidies for local EV makers.
They are therefore over producing and are flooding the market with unwanted cars and as a result they are all going broke now and there are electric car graveyards in cities all over the country.
less need for batteries then has meant lower lithium prices and hence a 70% decline in the lithium price
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