Jan 11, 2022 07:03 AM

Energy Insider: Former Chairman of Datong Coal Mining Under Investigation

By Caixin Online

Zhang Youxi, former Communist Party secretary and chairman of Datong Coal Mine Group.

Zhang Youxi, former Communist Party secretary and chairman of Datong Coal Mine Group.

In today’s Caixin energy news wrap: Lithium carbonate prices skyrocket and are expected to continue to rise this year; China becomes the world’s largest LNG importer; Shanghai Electric Power estimates a net loss as wide as $312 million for 2021; a former vice president of Shanghai Electric Group is on trial.

Lithium prices expected to continue rising until mid-2022

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