Stubbornly resilient lithium supply remains hurdle to recovery
Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
The worst sandstorm since 1996 blanketed Gansu Province in Northwest China this week.
Visibility was reduced to less than 65ft.
“Suddenly it became dark and I can’t tell whether it’s day or night,” said one resident.
Hat tip, Zero Hedge