BENGALURU: Lithium prices may be bottoming, Australia’s Pilbara Minerals said on Thursday, supported by Covid-19 stimulus packages and government measures to boost the electric vehicle (EV) and renewable energy sectors.
Lithium has experienced a prolonged price fall due to slowing sales in China, the world’s top EV market, exacerbated by a hit to demand from coronavirus-induced lockdowns.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!