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China's Lithium Futures Surge Amid EV Demand, Supply Shifts

10/30/2025

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Summary

Story summary

Lithium carbonate futures in China rose to CNY 79,000 per tonne, driven by higher demand from electric vehicles and energy storage.
The Chinese government plans to double electric-vehicle charging capacity to 180 gigawatts by 2027, as global demand for energy storage systems surges toward 2035.
Lithium inventories have declined for three weeks, while supply remains ample.
The Jiangxi mine of Contemporary Amperex Technology Co. Limited (CATL) reopens, countering price increases.

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Story summary

Lithium carbonate futures in China rose to CNY 79,000 per tonne, driven by higher demand from electric vehicles and energy storage.
The Chinese government plans to double electric-vehicle charging capacity to 180 gigawatts by 2027, as global demand for energy storage systems surges toward 2035.
Lithium inventories have declined for three weeks, while supply remains ample.
The Jiangxi mine of Contemporary Amperex Technology Co. Limited (CATL) reopens, countering price increases.