ASX lithium miners set for another wave of supply cuts Alex GluyasDeputy markets editor
May 27, 2025 – 2.46pm
Chinese lithium producers are starting to slash output again after prices of the battery material crashed to a four-year low, suggesting another big round of supply cuts could be imminent for Australia’s beaten-down miners.
Commodity traders are increasingly concerned about the glut in lithium markets, which has intensified in recent months from a fresh wave of supply. That dragged China carbonate prices lower to 61,071.98 yuan ($13,059) a tonne last week, the weakest since March 2021, according to S&P Global Platts.
LTR Price at posting:
64.0¢ Sentiment: Buy Disclosure: Not Held
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