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Lead Investing News reports lead price has fell to more than 60% this year. Lead has joined the likes of platinum and palladium in being hit by poor automotive sales data. However, analysts say that lead has been unfairly grouped with these metals. Only around 10 per cent of lead demand is directly linked to …
Lead Investing News reports lead price has fell to more than 60% this year.
Lead has joined the likes of platinum and palladium in being hit by poor automotive sales data. However, analysts say that lead has been unfairly grouped with these metals. Only around 10 per cent of lead demand is directly linked to new vehicle production, through new batteries, and about 40 per cent of lead is used in car replacement batteries. The remainder of lead consumption is mixed, but includes 25 per cent from industrial batteries.
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