China tells EV battery chain it wants ‘rational’ lithium prices

The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.

"Poorer life cycle, reduced safety and misrepresented relative cost savings are all major concerns for electric vehicle producers."

But the world's second largest producer said they will remain higher than the average reached last year.

Chile is preparing major new restrictions on the extraction of water from the lithium-rich Salar de Atacama salt flats, home to top lithium miners Albemarle and SQM.

International Battery Metals is going to work with Impact Technology Development on the design and construction of its first proprietary mobile lithium extraction unit.

Eclipse.

The final deal size could be smaller than $1 billion due to a steep drop in lithium carbonate prices.

The global smartphone market accounts for the largest consumer electronics segment, accounting for around half of its market share.

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