Lithium Falls to 6-Month Low

2026-08-03 14:54 By Andre Joaquim 1 min. read

Lithium carbonate prices fell to CNY 140,000 in August, their lowest in nearly six months, as downside consumption risks combined with higher global supply.

China said it would end tax exemptions for lithium-ion batteries to rein in a race to the bottom between manufacturers.

Industry reports in China indicated that competition between EV battery producers to retain market share drove companies to increase their production schedules, leading to higher lithium sourcing before the announcement.

In turn, CATL's Jianxiawo mine, among the largest in the world, cleared security permits to restore activity following its prolonged suspension.

On top of that, higher lithium prices since the start of the year drove Australian miners to restore operations.

Mineral Resources will restart its Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project, making up for shortages elsewhere.



News Stream
Lithium Falls to 6-Month Low
Lithium carbonate prices fell to CNY 140,000 in August, their lowest in nearly six months, as downside consumption risks combined with higher global supply. China said it would end tax exemptions for lithium-ion batteries to rein in a race to the bottom between manufacturers. Industry reports in China indicated that competition between EV battery producers to retain market share drove companies to increase their production schedules, leading to higher lithium sourcing before the announcement. In turn, CATL's Jianxiawo mine, among the largest in the world, cleared security permits to restore activity following its prolonged suspension. On top of that, higher lithium prices since the start of the year drove Australian miners to restore operations. Mineral Resources will restart its Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project, making up for shortages elsewhere.
2026-08-03
Lithium Drops to 5-Month Low
Lithium carbonate prices fell below CNY 145,000 in July, their lowest in five months, as obstacles to consumption combined with higher global supply. China said it would end tax exemptions for lithium-ion batteries to rein in a race to the bottom between manufacturers. Industry reports in China indicated that competition between EV battery producers to retain market share drove companies to increase their production schedules, leading to higher lithium sourcing before the announcement. In turn, CATL's Jianxiawo mine, among the largest in the world, cleared security permits to restore activity following its prolonged suspension. On top of that, higher lithium prices since the start of the year drove Australian miners to restore operations. Mineral Resources will restart its Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project, making up for shortages elsewhere.
2026-07-22
Lithium Falls to Near 4-Month Low
Lithium carbonate prices fell to CNY 151,000 in July, their lowest in nearly four months, amid the outlook of higher global supply. CATL's Jianxiawo mine, among the largest in the world, cleared security permits to restore activity following its prolonged suspension. On top of that, higher lithium prices since the start of the year drove Australian miners to restore operations. Mineral Resources will restart its Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project, making up for shortages elsewhere. Still, industry reports in China indicated that competition between EV battery producers to retain market share drove companies to increase their production schedules, leading to higher lithium sourcing. On top of that, accelerating demand for energy storage systems magnified lithium consumption, even as EV orders in China slow.
2026-07-16