Chinese lithium demand will pick up after factory retool, Orocobre says

Published: Wednesday, 29 August 2018

A shift in Chinese vehicle subsidies will only prove a short-term drag on prices, Orocobre boss tells investors.

Lithium producer Orocobre shrugged off short-term price volatility and easing spot markets, forecasting long-term support from Chinese government incentives to produce longer-range battery prices.

Orocobre said a recent fall-off in demand in China had been driven in part by the need for battery producers to retool their products to respond to...

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