Battery raw materials hit by a triple whammy

By IM Staff
Published: Friday, 07 August 2020

Battery raw material prices were on lows for the year in mid-July and spot battery-grade lithium prices were also at multi-year lows, writes William Adams, Fastmarkets head of research for base metals and battery materials.

The lithium-ion battery industry is having a difficult time as over the past two years it has been hit by a triple whammy.

Lithium battery-grade, spot prices exw China

Troubles started in late-2018 with a surge of supply in cobalt and lithium as a number of new producers came on stream at the same time that...

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