The world's biggest thermal coal exporter suspended coal exports on Jan. 1 after Indonesia's state power utility reported dangerously low inventory levels of the fuel.
According to Fastmarkets, offers for lithium carbonate continue to rise in China, mainly due to the increased demand from the ramp-up of lithium-iron-phosphate battery production.
The US and its allies, such as Canada, the UK, the European Union, Australia, Japan and South Korea, face a dilemma when it comes to the global electrification of the transportation system.