Brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert on September 12, 2022. Photo: AFP
Lithium price may fall by 25 per cent in 2023, offering relief for global electric car makers, Chinese miner says
- The price of lithium carbonate may drop to 400,000 yuan a ton in 2023, from mid-November’s record 600,000 yuan a ton, said Sinomine Resource Group’s chairman
- More mine supply will push the market into a surplus next year and help soften prices, BYD’s executive vice-president said
Brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert on September 12, 2022. Photo: AFP
