According to Baichuan Yingfu data, on March 1,BatteryThe average price of lithium carbonate increased by 1.01% from the previous day to 500,400 yuan / ton, breaking the previous market forecast of 500,000 yuan / ton. The agency believes that the urgent demand of lithium iron phosphate manufacturers is the main reason for the price increase, and the tight supply situation is difficult to ease in the short term.BatteryThe price of grade lithium carbonate will continue to rise.
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According to Baichuan Yingfu data, on March 1,BatteryThe average price of grade lithium carbonate increased by 5,000 yuan / ton from the previous day to 500,400 yuan / ton, an increase of 510.37% compared with the same period last year. In terms of regions, the highest quotation for battery-grade lithium carbonate in Shandong and Jiangxi is 506,000 yuan / ton.
Guotai JunansecuritiesSaid that the rapid rise in the price of battery-grade lithium carbonate is mainly due to the urgent demand for lithium carbonate by lithium iron phosphate manufacturers, especially in the field of overseas energy storage batteries.
Baichuan Yingfu said that the long-term price of domestic lithium concentrate is US$2,700/ton to US$2,720/ton, and rising costs boost product prices. At the same time, downstream manufacturers have resumed work and production, and the demand for ternary materials and lithium iron phosphate has exploded, but the increase in lithium carbonate production is not obvious, there are no large-scale shipments on the market, and the spot circulation is less, and the supply is tight.
Sinolink SecuritiesSaid that the current top manufacturers are very abundant in orders,TeslaThe waiting period is 12-16 weeks.BYDPopular models are 6 months. It is estimated that the sales of new energy passenger vehicles in the first quarter is expected to exceed 1 million, and the annual sales are expected to exceed 5.5 million. Driven by demand, the tight supply situation is difficult to ease in the short term, and the price of battery-grade lithium carbonate will continue to rise.
On February 28, the Ministry of Industry and Information Technology stated that this year will focus on meeting production needs such as power batteries, moderately speed up the development of domestic resources such as lithium and nickel, and crack down on unfair competition such as hoarding and price gouging.
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Lithium salt prices rise, related listed companiesperformancesoared.
Yahua GroupIt is expected to return to the mother in the first quarternet profit900 million yuan to 1.2 billion yuan, a year-on-year increase of 1053.67%-1438.22%. The company will make a profit of 925 million yuan in 2021. Regarding the reasons for the pre-increase in performance, the company said that the price of lithium salt products continued to rise, the company seized the opportunity to release production capacity and increase sales, the sales of lithium salt products gradually increased, and the profit of lithium business increased significantly.
Yahua GroupOn February 19, he said on the interactive platform that the current understanding of Changxie products is very different from that in the past, and only the quantity is locked, not the price.Tibet MiningacceptingInstitutional researchShi said that the company’s lithium carbonate pricing is calculated with reference to the lithium carbonate price of Shanghai Nonferrous Network.
According to data from Shanghai Nonferrous Metals Network, since the beginning of this year, the average price of battery-grade lithium carbonate has increased by nearly 82%; the price of lithium hydroxide has increased by nearly 94%. This means that the first-quarter performance of listed companies engaged in lithium salt production can be expected.
Driven by performance, listed companies are also accelerating the development of lithium resources.
On the evening of February 28,Western MiningannouncementIt is said that 3.343 billion yuan is planned to be transferred and controlledshareholderQinghai Dongtai Jiner Lithium Resources Co., Ltd. (referred to as “Lithium Resources Company”) held 27% of the shares of Qinghai Dongtai Jiner Lithium Resources Co., Ltd. Lithium Resources Company is mainly engaged in the development of lithium resources in Dongtai Jinel Salt Lake, and the processing and production of lithium carbonate products. As of July 31, 2018, the Dongtai Jiner Salt Lake lithium chloride retained porosity resource reserves of 2.1006 million tons.
The announcement shows that at present, Lithium Resources Company and its holding subsidiary Qinghai Lithium have operated a lithium carbonate production line with an annual output of 20,000 tons, and their annual output of 30,000 tons of lithium carbonate has been filed by the relevant government departments. And increase the annual output of 10,000 tons of lithium carbonate production line. In the first 11 months of 2021, Lithium Resources produced 9,510 tons of battery-grade lithium carbonate.
On the evening of February 25th,China Mining ResourcesThe announcement stated that the company reviewed and approved the “About Jiangxi Chunpeng Lithium Industry Co., Ltd.company investmentProposal for the Construction of a High-purity Lithium Salt Project with an Annual Output of 35,000 tons”, it is planned to invest in the construction of a high-purity lithium salt project with an annual output of 35,000 tons through its wholly-owned subsidiary Chunpeng Lithium Industry, with a total investment of about 1 billion yuan.
China Mining ResourcesThe first phase of the lithium salt “25,000-ton battery-grade lithium hydroxide and battery-grade lithium carbonate” project has been put into production in August 2021.existChina Mining ResourcesIt seems that based on the successful construction experience of the first phase of the lithium salt project, it is expected that the new 35,000-ton high-purity lithium salt phase II project will be completed more smoothly and efficiently.
February 15,Yahua GroupAccording to the interactive platform, the Lijiagou Lithium Mine is equivalent to 510,000 tons of lithium oxide reserves. The project is currently under construction and is expected to be put into production in the second half of the year.
Tibet Miningat the receiving institutionresearchAt the time, it was said that the original solar pond of the first phase of Zabuye Salt Lake planned to maximize production capacity (grade 50%-70% lithium concentrate) through salt field repair and technology research and development;company withKugo Hi-TechSigned a pilot test of 100 tons of lithium hydroxidecontractAfter the pilot test is successful, the construction of the 10,000-ton lithium hydroxide project will be considered later.
February 8,Ganfeng Lithium IndustryAccording to the announcement, the company has received a notification from RIM that the management of RIM is considering technological transformation and expansion of the production capacity of the Mt Marion spodumene project through production process optimization and development of contact minerals. The expansion project is initially expected to be put into operation in the second half of 2022. The original production capacity will increase by 10%-15%.
(Article source: Chinasecuritiesnewspaper)