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Yabao's Australian factory partially shut down. Industry insiders: The impact on lithium prices is not significant. It depends on whether to stop mining

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Albemarle Australia factory partially shut down. Industry insiders: The impact on lithium prices is not significant, it depends on whether to stop mining. Albemarle, the world's largest lithium miner, recently announced the partial shutdown of its lithium processing plant in Australia. Does Yabao's move have an impact on the continuously declining price of battery grade lithium carbonate? Industry insiders point out that the impact is not significant, and the key indicator is whether the mining industry has stopped production, while the current lithium mine supply has not yet reached its lowest point. Since the beginning of this year, there have been lithium mine production capacity reductions both domestically and internationally, but the marginal improvement in lithium prices is still limited. The market should observe the recovery of demand and the emergence of a turning point in industry supply and demand.
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