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China’s lithium prices continued to decrease over the week to Thursday September 21 amid ongoing downward pressure from scarce spot demand and bearish sentiment, as well as weakening Chinese futures
Demand for black mass in key Asian import markets has faced further pressure in the past week amid weakening battery metals prices which are leaving consumers of the shredded battery powder with poor margins, sources said
September and October are usually peak demand months for Chinese markets, leading to them being coined “Golden September” and “Silver October”. However, demand may fail to meet traditional expectations in China’s lithium market this year
Demand for neodymium rare earth magnets from the offshore wind power industry is set to soar in the next decade if decarbonization plans are realized
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EnergyX expects that its five lithium refinery demonstration plants in North and South America will all be up and running within the next 12 months, bringing the company one step closer to commercialized direct-lithium-extraction (DLE) production, according to chief executive officer Teague Egan. Egan told Fastmarkets that the demonstration plants are being developed in:California’s Salton […]
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