Citic Securities: Overseas lithium resources are being cleared at an accelerated pace, and expectations for a bottom in lithium prices are strengthening.
Citic Sec has released a research report stating that the lithium price rebounded in Q2 2024, which has driven the recovery of the overseas lithium mine supply chain. The lithium extraction from salt lakes companies in South America has seen a year-on-year increase in production in Q2 2024, leading to a recovery in performance.
Shares of Companies in the Broader Industrial Space Are Trading Higher Following the Fed's Announcement to Cut Rates by 50 Basis Points Yesterday, Which Could Support Investment and Economic Growth.
Microvast and Minespider to Show Battery Passport Demo at IAA Transportation 2024
Microvast Shares Are Trading Higher After the Company Announced It Launched Its Latest High-performance Battery Solutions at IAA Transportation 2024.
Microvast Powers the Next Generation of Electric Commercial Vehicles With Groundbreaking Battery Technology at IAA Transportation 2024
TrendForce: Cell prices continued to decline in August, and demand is expected to pick up in September.
According to the latest research results from TrendForce, the market situation of battery metals such as nickel, cobalt, and lithium remained weak in August, and the prices of related raw materials continued to fall.