Lithium futures price should head towards minimum CNY 150,000 per ton over coming months,
BYD's chairman said during the weekend, China NEV sales penetration rate fetches 48% last week, and expects to reach 50% in the next three months. Bear in mind, China annual new car sales are 30 million units.
Argentina pauses permits on brine due to environmental issues. Regular environment check in China lepidolite mines next month, low lithium prices will not sustain for long.
All imo.
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