Lithium Price Slump Continues To Haunt Ganfeng Lithium

Key Takeaways: A slight uptick in battery-grade lithium carbonate prices since mid-June isn't offering much solace to China's embattled lithium producers. After crashing in 2023, the price of lithium, once hailed as the "white oil" of the new energy revolution, has yet to see the arrival of a new spring in 2025. Industry giant Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) reflected the industry's ongoing woes with a profit warning earlier this month, forecasting it will report a net loss of 300 millio ...