China Lithium Prices Surge as Zimbabwe Suspends Raw Mineral Exports
Zimbabwe Halts Lithium Exports, Driving China Lithium Carbonate Prices Higher Amid Energy Storage Demand China’s lithium prices jumped sharply on Thursday after Zimbabwe suspended exports of all raw minerals and lithium concentrates, raising concerns about potential supply disruptions amid booming energy storage demand. The most actively traded lithium carbonate contract on the Guangzhou Futures Exchange surged 6.07% to 178,020 yuan ($26,043.45) per metric ton as of 03:30 GMT, after earlier spiking over 9% to 187,700 yuan. Zimbabwe, Africa’s largest lithium producer, exported 1.128 million tons of spodumene concentrate in 2025…
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