China's Lithium Industry Poised to Benefit from Price Recovery and Long-Term Demand Growth Despite Recent Volatility
• China's lithium industry set to benefit from price stabilization between 80,000-150,000 yuan per ton • Ganfeng Lithium chairman predicts long-term uptrend in lithium demand amid global energy transition • Lithium prices in China have plunged over past year due to surging supplies and slowing demand • Geopolitics brings risks but may aid more international cooperation on lithium production • Ganfeng's Mexico project postponed indefinitely after government canceled concessions