China Overproducing Lithium to Eliminate Rivals: US Official

By Catherine Yang Jose Fernandez, under secretary for economic growth, energy, and the environment at the U.S. Department of State, told reporters during a Portugal visit on Oct. 8 that China’s oversupply of lithium was working to price out global rivals. “They engage in predatory pricing,” Fernandez said. “They lower the price until competition disappears. That is what is happening.”…

Source

Leave a Reply

Your email address will not be published.

Previous post The death toll in a gang attack on a small Haitian town rises to 115, a local official says
Next post Low Vitamin D Levels Linked to Slower Healing in Children’s Fractures