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Chinese battery maker calls for government enquiry into lithium price spikes

Mon, 02/08/2016 - 12:26 -- Paul Crompton
Chinese battery maker calls for government enquiry into lithium price spikes

Price hikes of lithium carbonate have prompted a Chinese battery maker to demand a government investigation into an alleged supply monopoly.

Fang Jianhua, CEO of lithium-ion battery maker Hefei Guoxuan Hi-Tech Power Company, says all companies should be asking why recent spikes had brought the price of lithium carbonate to such ‘unreasonable’ levels.

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