Assertion: lithium's potential | /r/CapableOf | regain a market share
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text: Lithium Iron Phosphate (LFP) as a cathode material of choice lost competition to Lithium Nickel Oxide and Lithium Manganese Oxide some time ago, but with reduction of subsidies on Chinese market this year it has a potential to regain a market share, due to its cost competitiveness and particularly weak demand for several months that drove its price to the levels more than 40% lower year over year, and as low as USD 7450-7600/MT in March, what dangerously put it to the levels where producers are manufacturing at cost.