Lithium Carbonate
Lithium carbonate prices likely to fall below RMB 100,000, says chairman of battery maker Farasis Energy
Lithium prices continue to fall in China today, with the average price of industrial-grade lithium carbonate falling below RMB 200,000 per ton for the first time in the current down cycle.
Analysts explain how falling lithium carbonate prices affect EV costs
For an EV with a 70-kWh pack, the cost of the battery is now RMB 12,300 - RMB 14,500 lower than when lithium carbonate prices were at their previous high, analysts say.
Panic selling of lithium carbonate just won't stop
Lithium carbonate prices continue to decline, leading to a heavy wait-and-see mood among downstream customers, who are reluctant to place large orders.
Lithium prices see biggest drop this year in China as decline accelerates
Nio's management previously said they expect lithium carbonate prices to fall back to RMB 200,000 per ton this year, boosting gross margins back up.
CATL to reach new price agreement with automakers as soon as end of Mar, report says
The price of lithium, a raw material for batteries, has accelerated its decline, with industrial-grade lithium carbonate falling RMB 7,500 per ton to RMB 302,500 per ton today.
CATL takes over Chinese lithium miner to lock in more material supplies
CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.
Overseas premiums likely to provide support for lithium prices in China, analysts say
Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.
Lithium carbonate prices to fall sharply as demand far below expectations, Li Auto CEO says
In January and February, insurance registrations for passenger cars in China were down more than 25 percent from a year earlier, Li Auto CEO said, citing insurance registration data.
Lithium's downward trend may be disrupted as Chinese mining hub suspends production
Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month.
Lithium carbonate falls below RMB 400,000 per ton as price drop shows no sign of stopping
Industrial-grade lithium carbonate prices in China today fell below 400,000 yuan ($58,000) per ton, a pullback of more than 30 percent from the November peak.