Lithium prices in China rose sharply after authorities in the country’s main lithium-producing hub announced plans to revoke dozens of mining licences, fuelling investor concerns over future supply
The most actively traded lithium carbonate contract on the Guangzhou Futures Exchange climbed as high as 109860 yuan per metric ton on Wednesday, its highest level since June 2024, before closing up 7 61% at 108620 yuan
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Source and Credit: miningweekly.com