Lithium prices hit three year-high amid soaring demand, tightening supplies
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On May 11, lithium carbonate futures on the Guangzhou Futures Exchange closed at their highest level in almost three years.
Prices hit RMB 205,020/MT, more than triple the RMB 58,000/MT low reached in June 2025.
Some context: China’s battery industry – especially battery energy storage (BES) – is ...