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China's crackdown on illegal lithium mining and export bans cause prices to surge, boosting lithium company stocks.
China's crackdown on illegal lithium mining and export bans have led to a significant price surge for the mineral, rising from US$575 to US$970 per tonne.
This increase follows the closure of a major lithium mine in Jiangxi, China, and has boosted the stock prices of several ASX-listed lithium companies.
The surge may signal a positive turn for the lithium market, driven by growing demand for electric vehicles, especially in China and Europe.
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La represión de China a la minería ilegal de litio y las prohibiciones de exportación hacen que los precios suban, impulsando las acciones de las compañías de litio.