Lithium Americas is trading 5.11% down at $2.23 after Chinese lithium carbonate futures plunged on October 12, amid concern that the China-EU agreement to curb Chinese hybrid-car exports could weaken battery-material demand.
- The futures contract fell 11.8% to a nearly 10-month low, and selling pressure spread to lithium producers’ shares.
- The broader market was mixed and did not explain the decline on its own; available coverage identified no new company-specific catalyst.