China’s lithium market is facing a credibility problem that goes beyond one inventory estimate or one sharp move in futures prices. The criticism from Tianqi Lithium and Ganfeng Lithium points to a broader weakness in the battery-metals sector: the market has become large, financialized and globally important, but the data used to price it remains uneven, opaque and vulnerable to methodological shocks.
The immediate trigger was a jump in invento…
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