1 Dec 2023
Regulatory Change for Lithium in China
The Chinese Government's decade-long subsidies for electric vehicle purchases expired in 2023, contributing to lithium oversupply and price decline.
China trade
Market intelligence
The Chinese Government's decade-long subsidies for electric vehicle purchases expired in 2023, contributing to lithium oversupply and price decline.
Lithium reserves for China were revised to 3,000,000 metric tons for 2023 based on company and government reports.
Established lithium operations in China postponed capacity expansion plans due to overproduction and falling prices.
China's lithium reserves were revised upward due to updated government and industry information.
Australian lithium chemical producer opened a conversion plant in China to produce battery‑grade lithium carbonate from Australian concentrate, expanding processing capacity.
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