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Media Reports, page-1104

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    EV sales look to be turning around. Below is a snippet from Bloomberg about the lithium 5 month slide in prices

    Lithium prices in China halted a five-month slide on signs that demand growth among battery makers may finally gather pace. Chinese lithium carbonate ticked up 1.2% Wednesday, the first gain this year. Prices had tumbled more than 70% since mid-November as companies across the battery supply chain drew down inventories rather than buying afresh, while an end to Chinese electric-vehicle subsidies curtailed demand. Data now point to improved EV sales prospects, while lithium stockpiles have been thinning.
 
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