Lithium industry faces challenges as prices stabilize under uncertain Trump administration policies.

Lithium, vital for electric vehicle and renewable energy batteries, faces uncertainty under the Trump administration despite signs of stabilizing prices. Australia, a top lithium reserve holder, has seen companies like Mineral Resources and Liontown cut production or slow expansion due to uneconomic projects. Analysts predict a potential end to the price downturn, but the industry continues to face challenges.

January 01, 2025
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