With no recovery in sight, lithium prices force miners to reevaluate output
The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022.
BEIJING – China’s copper concentrate imports fell 8% in March from the month before when imports were unusually strong due to restocking ahead of the Lunar New Year holidays, customs data showed on Friday.
Arrivals of copper concentrate, or partially processed copper ore, were 1.77 million tonnes last month, according to the General Administration of Customs data. That is up 10.6 percent from March 2018.
Meanwhile, China’s aluminium exports rebounded 59% month-on-month from a two-year low in February to reach 546,000 tonnes in March.
(Reporting by Shivani Singh, Tom Daly; Editing by Joseph Radford)
