An employee works on a production line for lithium batteries in Yichun, Jiangxi province, in July. (DENG LONGHUA/FOR CHINA DAILY)
The average price of battery-grade lithium carbonate in China dropped to 132,500 yuan ($18,595) per metric ton on Thursday, about 1,500 yuan per ton lower than the previous day, said commodity data tracker Mysteel.
It came after a drop of 2,000 yuan per ton to 134,000 yuan for per-ton battery-grade lithium carbonate on Nov 29, Mysteel said.