Logo 09 May 2025

BYD, Tsingshan pull out of Chilean LFP cathode projects amid lithium price decline

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Two Chinese lithium investors are backing out of major cathode projects in Chile – namely:

Global new energy vehicle (NEV) leader and battery maker BYD
Leading metals producer Tsingshan

Chilean authorities confirmed the news on Wednesday.

BYD's USD 290 million plant, delayed last year, would have...