There have been frequent cases of LFP producers receiving large orders, and some of the big players are raising prices.
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Category: Lithium Carbonate
BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
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Demand for power batteries in China was steady overall in July, but battery material costs continued to fall, resulting in a slight downward trend in battery cell prices, TrendForce said.
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TrendForce expects battery cell prices to continue to face downward pressure at the beginning of the third quarter, with hopes for price stabilization resting on restocking demand under the peak season at the end of the third quarter.
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BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times.
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As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.
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