Consultancy CRU previously estimated a total of 100,000 tonnes of annual aluminum production may be cut as a result of the Inner Mongolia restrictions.
Battery-grade lithium carbonate prices started to buck a three-year downturn in the second half of 2020 as electric vehicle demand roared back from the coronavirus outbreak.
The European Union has imposed duties on aluminum products imported from China after an investigation showed that they were being sold at unfairly low prices.