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Zijin to keep investing in lithium despite expected price drop

Zijin's president said prices are expected to halve by 2025

Nathan Richardson
“In the long run, we plan to produce over 150,000t of LCE per annum, which will lay a solid foundation for us to become a major lithium producer,” Zijin says on its website.

“In the long run, we plan to produce over 150,000t of LCE per annum, which will lay a solid foundation for us to become a major lithium producer,” Zijin says on its website.

A supply surge coming onstream by 2025 is expected to push lithium prices down to a "normal range" of 300,000 yuan to 400,000 yuan (US$42,494 to US$56,658) per t in the second half of that year, Zou was...

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