Lithium price rally accelerates in September

The lithium price rise accelerated in the first two weeks of September as surging demand and raw material supply concerns combined to push Chinese domestic prices up to their highest levels since mid-2018, according to data from Benchmark Mineral Intelligence.

Technical and battery-grade lithium carbonate prices increased by over 20% in the first half of September and are now up 188.9% and 215%, respectively in the Chinese domestic market this year.

Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.

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