These ASX lithium stocks could crash 20% to 40%


Source: fool.com.au fool.com.au

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You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More The battery materials industry has been under a lot of pressure over the last 12 months. This has been driven by crashing lithium prices. For example, the current spot price of lithium carbonate in China is US$13,547 a tonne and the latest spot price of lithium spodumene is US$1,210 a tonne. As a comparison, lithium carbonate averaged US$63,232 a...