Lithium prices to continue soaring – Ganfeng chair
Li Liangbin, chairman of China’s Ganfeng Lithium Co. Ltd, said on Wednesday that he doesn’t expect prices of the metal to stabilize any time soon.
Speaking to Caixin, Liangbin said that prices would continue to soar unless electric vehicle makers begin mass-producing alternative battery technologies or implement major recycling programs.
Ganfeng produced 12.9% of global lithium supplies last year and has signed deals with Tesla and BMW.
Get involved!
Comments