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Lithium prices to rise in 2021 amid stronger downstream demand
Dec 4,2020 18:00CST
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Source:SMM
China's new energy vehicle market demand has grown rapidly, leading to stronger demand for ternary and iron-lithium materials. The global supply of nickel and cobalt raw materials is tightening, and the increase in downstream demand will support the rise of lithium prices in 2021, said SMM’s senior cobalt-lithium analyst Miranda Mei.
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