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02 Oct

Rock Tech suggests lithium price downtrend is temporary

Lithium prices have continued falling since stagnating in June and July, dropping by nearly 68% in a year. the downturn has created uncertainty for lithium providers and investors alike, Kallanish notes. However, rather than global supply and demand driving those losses, Rock Tech Lithium’s ceo Dirk Harbecke believes the downtrend is due to “local [Chinese] downstream destocking operations” softening the demand curve. “It is still the cas…
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