Chinese regulators pledge to ensure lithium supply and stabilize prices after lithium surges over 70% so far this year

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Chinese regulators pledge to ensure the supply and stabilize the prices of lithium, the key metal used in the batteries that power electric vehicles, after the prices jumped nearly 480% year on year, surging over 70% so far this year, driven by short supply and robust demand from downstream industries.

Officials from the raw material department of the Ministry of Industry and Information Technology (MIIT), price department of the National Development and Reform Commission (NDRC . . .

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