ASX-listed lithium stocks ripped higher on Wednesday after UBS warned that the disruptions to Chinese supply, which have triggered a spike in the price of spodumene, would likely continue for longer than expected.
The suspension of production of a major mine owned by Chinese battery giant Contemporary Amperex Technology earlier this month had already triggered a huge rally in lithium stocks, with the price of the white metal soaring about 70 per cent from a June low of $US575 a tonne.
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