A crisis of confidence in the outlook for the UK’s finances was the latest trigger for risk aversion, helping drag the S&P 500 Index to an almost two-year low.
“We can secure lithium via a purchase contract, we can be a co-investor into a new mine development, we could buy material providers,” says Citroen chief Vincent Cobee.
Some buyers have said they are shunning Rusal's metal, while others are securing price discounts at the same time as the industry negotiates supply deals for 2023.