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Lithium Prices Rebound 15% as EV Demand Drives Cost Surge

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The global lithium battery supply chain has once again witnessed price volatility. According to multiple market research institutions, lithium carbonate prices have risen by more than 15% since mid-August. Analysts attribute the rebound to production cuts at upstream mining companies and the recovery of demand from the electric vehicle sector.

In China, several power battery manufacturers have begun adjusting their procurement strategies to secure supply stability. Meanwhile, orders from the energy storage sector are also accelerating, further boosting lithium salt demand.

Experts suggest that while short-term price increases may put cost pressure on downstream companies, they will also encourage diversification in technology pathways and resource strategies. In the long run, advancements in recycling and solid-state battery technology are expected to play a crucial role in balancing supply and demand.
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