Lithium Continues Price Surge in September
Since the start of September, the price of lithium has risen steadily as the metal’s demand increases and concerns about its supply drive Chinese domestic prices to new highs. Data shows that these prices are the highest the Chinese market has seen since 2018. During the first half of September, the price of battery-grade and technical lithium carbonate rose by more than 20%. Currently, the prices have surged by 214% and 189% respectively on the Chinese domestic market. Benchmark Mineral Intelligence has stated that increases in the carbonate price had surpassed lithium hydroxide, adding that the price rally for feedstock…