The businesses attribute this to declining lithium prices. The EV market in China is still expanding, although the rate of growth has slowed recently due to low customer demand. Lithium markets around the world are experiencing structural difficulties as a result of new competitors and ongoing excess. According to Tianqi, it anticipates a halftime net loss of 4.88 billion yuan–5.53 billion yuan ($670 million–$760 million), as opposed to a halftime net profit of 6.45 billion yuan for the same period last year. Ganfeng estimated a net loss of between 760 million yuan-1.25 billion yuan, compared to a net profit of 5.85 billion yuan. New method for recycling end-of-life solar panels separates 99% of PV cell component materials Researchers from the University of New South Wales (UNSW) created a method to recycle end-of-life solar panels that enables them to separate 99% of the components that make up PV cells.