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Lithium producers fall prey to oversupply-driven price plunge

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Lithium producers' profits are tumbling as prices fall amid slowing battery demand growth.
The latest: According to recently published data, in 2023:

China's top lithium salt producer, Ganfeng Lithium, saw net profits fall nearly 76% y/y
China's other top lithium dog, Tianqi Lithium, saw net profit...