Lithium
Beijing Triggers Lithium Surge: VAT Rebate Rollback Sparks Global Supply Chain Frenzy
The global energy transition faced a sharp reality check on January 12, 2026, as lithium prices experienced their most dramatic single-day surge in over two years. The rally was ignited by Beijing’s unexpected decision to accelerate the rollback of export value-added tax (VAT) rebates for lithium-ion batteries and critical