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Price Drop of Lithium Carbonate Impacts Electrolyte Producers

Lithium carbonate prices keep falling, and this is affecting the cost of electrolyte, one of a main components of lithium batteries. Duofuo, a leading Chinese electrolyte manufacturer, said at an investors conference that the drop in lithium carbonate prices has made lithium hexafluorophosphate prices fall quickly.

This means the lower lithium carbonate prices are still causing a chain reaction in the supply chain of lithium-ion batteries. Electrolytes, which are one of the four main materials in lithium batteries, are made of solvents, solutes, and various additives. Lithium hexafluorophosphate is the most popular lithium salt because it has great characteristics. . .

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