SHANGHAI, Feb 8 (SMM) - China's LMO output in January 2023 stood at 2,608 mt, down 62% on the month and 54% on the year. The decline was caused by the Chinese New Year (CNY) break, the falling lithium carbonate prices and poor downstream demand.
The production has gradually recovered post the CNY holiday, and SMM estimates that LMO output in February will gain 74% to 4,536 mt, up 10% on an annual basis.
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