LFP material prices are now observably on a consistent upswing driven by demand growth which has a very long way to go yet, unlike solar module demand which is being constrained now by transmission limitations in various markets. Most supply chain links for the lithium battery manufacturing industry were operating at over 80% in December, and CATL intends to produce 750 GWh this year out of 810 GWh production capacity at present. The lowest reported production cost for polysilicon is now GCL Poly’s 28.17 yuan/kg, or $3.88 per kg, for its granular silicon product – that is its cost during Q4 2024, down from 33.18 yuan/ kg ($4.58 per kg) in Q3. The company has now completely withdrawn from Siemens…