prices for lithium batteries sold into China fell 18 % in three quarters to the end of June , according to Australian lithium exporter Galaxy Resources , the second straight period of declines . Chinese prices are most relevant to Australia's hard rock lithium producers, who typically produce lithium-rich spodumene concentrate and sell it to China. The Chinese price for lithium hydroxide , which is increasingly preferred by the manufacturers of batteries for electric vehicles , fell by 4 % in the period , Galaxy said . Chinese prices for lithium chloride and lithium hydroxide fell by 10 % and 3 % respectively in Q1 .
prices for lithium batteries sold into China fell 18 % in three quarters to the end of June , according to Australian lithium exporter Galaxy Resources , the second straight period of declines . The Chinese price for lithium hydroxide , which is increasingly preferred by the manufacturers of batteries for electric vehicles , fell by 4 % in the period , Galaxy said . Chinese prices for lithium chloride and lithium hydroxide fell by 10 % and 3 % respectively in Q1 .