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02 Jan
07:02

Lithium battery materials outlook to further deteriorate in 2024: analysts

Chinese financial services company Huatai Securities expects battery materials supply and demand fundamentals to further deteriorate in 2024, before starting to ease in 2025, Kallanish learns. The analysts say in a new report that after experiencing rapid growth in demand and production capacity, lithium battery materials are currently facing the challenge of overcapacity. “And in this situation, the core variable affecting corporate profitability has shifte…
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