‘Too big to fail' lithium producers unfazed by long price slump
One of Australia's biggest lithium producers says a Chinese battery giant's $7 billion Hong Kong's debut underscores long-term faith in the sector despite prices for the metal crashing to a four-year low.
Contemporary Amperex Technology, which commands a third of the global supply of batteries, wrapped up the biggest sharemarket listing in the world this year by raising $HK35.7 billion ($7 billion) this week.
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