Chinese Battery Shares Decline on Plan to Cut Export Tax Rebates


Lithium, meanwhile, extended its recent rally on Monday, aided by expectations of a potential rush of battery-related exports ahead of the April policy changes. The most-active lithium carbonate futures rose by the 9% limit on the Guangzhou Futures Exchange to 156,060 yuan ($22,372) a ton. Share of producers including Tianqi Lithium Corp. and Ganfeng Lithium Group Co. surged as much as 6% in Shenzhen. 



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