After massive bust, global lithium market shows signs of life

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Spot prices of the battery material edge up to the highest in three months.

After a spectacular bust, battery-metal lithium is showing tentative signs of life on speculation the retracement that convulsed the market last year has forced the conditions for a recovery.

The rout spurred some producers to cut output. Among them, Core Lithium Ltd has suspended some mining operations to reduce cash costs, citing the “significant decline” in prices.

 

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