The price of lithium carbonate remains high and stable, and there is a large room for growth in the fourth quarter

wallpapers Industry 2020-12-09
According to the

state-owned enterprises operation situation released by the Ministry of Finance in the first half of the year, the non-ferrous metal industry continued to suffer losses, including the spot prices of basic metals, small metals and rare earth metals, and so on, but the price of lithium carbonate remained high and stable. With the continuous increase of new energy vehicles, the supply and demand of lithium salt will continue to tighten. In history, the highest price of battery grade lithium carbonate reached 80000 yuan / ton, and the price of lithium salt has a huge space to rise.

according to the data of lithium industry branch of China Nonferrous Metals Industry Association, the current price of industrial grade lithium carbonate is about 45000 yuan / ton, and the price of battery grade lithium carbonate is even higher, reaching about 50000 yuan / ton. The price of battery grade lithium carbonate has risen by 18% since March, which is still high and stable. The quotation of battery grade lithium carbonate of Ganfeng lithium industry is as high as 55000 yuan / ton.

according to Haitong Securities Research Report, the current global lithium salt supply pattern is stable. Among the world's three major brine manufacturers, only Yabao has expanded the production capacity of 20000 tons of lithium carbonate, but it does not have the right to exploit and needs time to bask in brine. It is optimistic that the products will be produced in the second half of 2016, mainly depending on the market; orocabre has a lithium carbonate capacity of 17000 tons, and the products are being changed It is expected that there will be output in the second half of 2016. The progress of other new mines and brine manufacturers is still slow.

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are on the demand side. Since this year, the production and sales of new energy vehicles have been booming. In the first six months, the output of new energy vehicles has tripled. The industry is expected to continue the high growth trend, and the lithium plate will be strongly supported by the demand support and supply contraction expectation. Since June,

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, the domestic lithium carbonate price has been basically in a high and stable state. After the current relatively low season in the downstream, the industry expects that the price will continue to rise in the fourth quarter.

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in the aspect of lithium resources, the main leading targets of a share are Tianqi lithium industry and Ganfeng lithium industry. Tianqi lithium industry is the world's largest ore lithium extraction enterprise. It has completed the holding of talison, Australia, and shares in Zabuye Salt Lake. Tianqi lithium is far ahead in terms of resource advantages. Talison has the largest solid spodumene mine in the world (grade of lithium oxide is 2.4%, reserves is 2.89 million tons), accounting for 32% of the global lithium ore supply. Zabuye Salt Lake has outstanding resource advantages, with 1.83 million tons of lithium resources, which is the best salt lake lithium resource in China. Tianqi lithium industry owns 20% equity.

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at the same time, Tianqi lithium has acquired Galaxy lithium international, and increased investment in aerospace power supply, helping to build 10000 sets of pure electric car power battery pack system integration supporting capacity, and become a leading supplier of lithium battery core materials for upstream, midstream and downstream integration. Li Qibo, a member of the board of directors, said that the trend of lithium carbonate rising steadily in the past ten years.

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Ganfeng lithium industry has actively expanded the market opportunities of lithium battery materials in recent two years, and constantly improved the industrial chain layout of upstream and downstream integration. In the field of upstream lithium resources development, Ganfeng lithium industry continues to expand strategic cooperation with Canadian International lithium industry, authorizes to continue to carry out exploration business for Blackstar spodumene mine in Ireland and Mariana Salt Lake in Argentina, acquire western Jiangxi resources, and plan to acquire no more than 49% equity of Australian lithium resources rim company.

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are in the downstream lithium battery new energy and application fields. Ganfeng lithium industry newly acquired 100% equity of Shenzhen Meibai Electronics Co., Ltd., and plans to quickly cut into the lithium battery business sector through mergers and acquisitions, so as to further expand the industrial chain to the downstream.


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