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Chinese Lithium Slumps 10% After EU Deal Slashes Hybrid Exports

Bloomberg Markets·October 12, 2026·1 min read

Lithium futures in China slumped 10% after the EU deal slashed hybrid car exports, weighing on demand prospects for the battery material. The agreement to limit hybrid exports to the European Union reduced expectations for lithium consumption, triggering a sharp decline in futures prices.

Read at Bloomberg Markets
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