Lithium carbonate prices plummet, Tibet Everest adjusts project scale

Due to the sharp drop in lithium carbonate prices, Tibet Zhufeng decided to adjust the annual production capacity of Argentina Lithium Potassium Company's 50,000 tons of lithium carbonate salt lake lithium extraction construction project to 30,000 tons per year. This adjustment reflects the current shrinking market demand for lithium carbonate and the current oversupply situation.