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Lithium glut, EV subsidy cuts take toll on major producers

Cecilia Jamasmie | August 27, 2019 | 9:07 am Battery Metals Exploration News Australia China Latin America Lithium 

An ongoing avalanche of lithium supply, coming mostly from Australia, as well as cuts to China’s electric-vehicles (EVs) subsidies have caused prices for the battery metal to fall more than 40% over the past year, knocking profits for the largest...

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