Flash | 16 Oct 2025 10:30:46 ET │ 9 pages China Battery Materials +852-2501-2739 anna.d.wang@citi.com Jimmy Feng Lithium into 3rd week of Oct – Lithium inventory re-validates robust battery demand CITI'S TAKE SMM weekly dataset suggests that weekly lithium output was up by 2%, within that brine-based lithium output increased by 7% WoW on Zangge's brine resumption, and weekly lithium inventory was down by 2% WoW. We also notice that the 12,213 units of lithium warehouse receipt ("仓单") in GFEX were cancelled ...