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.
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...