Feb 27, 2024 08:35 PM

BUSINESS

Charts of the Day: China’s Lithium Miners Cut Output as Demand Falls

By Liu Chang and Lu Yutong

00:00

00:00/00:00

Listen to this article 1x

China’s lithium carbonate miners have been cutting production, as prices of the key electric vehicle (EV) battery material continue to drop amid weaker demand.

Factory operating rates dropped to 45.73% on Friday from 52.5% on Feb. 9, the day before the Lunar New Year holidays began, according to data from Shandong Longzhong Information Technology Co. Ltd.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: China Lights Up for Mid-Autumn Festival

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Biz Roundup: Indonesia Woos Chinese Investment in Solar, EV Battery Production

00:00

00:00/00:00

MOST POPULAR

1: Hunan Province Finance Chief’s Deadly Fall Treated as a Criminal Case

2: PwC Hong Kong Next in Firing Line Over Evergrande Scandal

3: In Depth: Punishing People for Their Relatives’ Crimes Comes Under Scrutiny in China

4: China Underscores Commitment to Controlling Vast Government Debt

5: In Depth: Why Hong Kongers Are Flocking to the Mainland for Health Care

SPONSORED

OR