Your Daily Brief For January 26th

Your Daily Brief For January 26th

about 1 month ago1 min

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In today’s Daily Brief, we'll look at lithium prices.

"Demand for EVs in China inched up just 25% in 2023, a tumble from 83% the year before. So with more lithium in the market than carmakers know what to do with, the metal’s price fell 80% in the last year to reach its lowest point since 2020."

Key takeaways:

  • Dwindling demand for electric vehicles has left lithium prices running low on energy
  • The European Central Bank decided against rate cuts, an effort to keep inflation at arm’s length for a little longer
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