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【SMM cobalt-lithium morning meeting minutes】Lepidolite prices remain stable, lithium ore spot circulation is relatively tight

This week, the price of lithium hydroxide has declined. Lately, the lithium hydroxide market has seen relatively weak trading volume. With some downstream battery manufacturers gradually entering destocking mode, the destocking in the cathode part has gradually spread upstream, and some cathode manufacturers have long-term agreements for their own supply, ensuring basic supply of raw materials and prices of carbon and hydrogen are both on a downward trend.
Lithium Ore Cobalt Sulfate Cobalt Chloride Cobalt Tetroxide Iron Phosphate Cobalt Oxide
Source: metal.com

Leipidolite price rose slightly while anode materials performed weakly in this week

This week, the price of leipidoliteย has seen a slight increase. From the perspective of market supply and demand, the overall production of mines in Jiangxi Province has been relatively sluggish, resulting in limited market circulation. However, with the gradual fading of the impact of environmental inspections in Jiangxi, some downstream smelting enterprises have gradually obtained approval for resumption of production. It is expected that the pace of resumption of work and production will be ...
Lithium Ore Jiangxi Province Market Review
Source: metal.com

[SMM Analysis: Review of 2024 Spring Festival lithium-ion industry chain market and outlook after the holiday]

[SMM Analysis: Review of 2024 Spring Festival lithium-ion industry chain market and outlook after the holiday] According to SMM's data on February 17, affected by the continued losses in lithium salt companies purchasing overseas lithium ore and suspending/reducing production, as well as the seasonal maintenance of some lithium salt companies, it is preliminarily estimated that China's lithium carbonate output in February will decline by about 23% month-on-month to around 32,000 mt. Mo...
Energy Storage Guangfa Futures Exchange Lithium Carbonate Lantern Festival Spring Festival Lithium Ore
Source: metal.com

[SMM Cobalt Lithium Morning Meeting Minutes] Ternary material prices were stable, cathode manufacturing costs increased slightly

[SMM Cobalt Lithium Morning Meeting Minutes: Ternary precursor prices were stable this week. On the cost side, nickel prices rebounded slightly due to tight low-priced spot supply. There was an intention among precursor manufacturers to raise quotes slightly, but downstream resistance to price hikes remained strong, and it was difficult for transactions to increase. On the demand side, domestic cathode production exceeded expectations. Some companies saw better demand for precursors as reduced p...
Lithium Ore Spring Festival Lithium Carbonate Lithium Hydroxide Electrolytic Cobalt Cobalt Salts
Source: metal.com

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Lithium Mining Race: Race for speedier lithium is underway from Arkansas to Argentina, ET Auto

Lithium Mining Race: The firm is among dozens of companies racing to commercialize technology to extract lithium directly from brine, ushering in a new source to supplement the hard rock mines and huge evaporation ponds that currently supply the battery metal to the world.
United States British Columbia New South Wales El Dorado Robert Mintak Joe Lowry

Overnight, the US lithium mining sector fell sharply, and Chile's mining and chemical industry once fell by more than 17%._SMM

[overnight the US lithium mining sector fell sharply, Chile's mining and chemical industry once fell by more than 17%] Europe's largest lithium mining project may be difficult to give birth. Rio Tinto won the lithium mine project in Serbia for $2.4 billion and plans to produce 58000 tons of lithium carbonate a year. With the price of lithium carbonate soaring, the Serbian people want to cancel the contract and nationalize the lithium mine. Mexico's interior minister has announced ...
Rio Tinto Ganfeng Lithium Chile Mining Lithium Ore
Source: metal.com

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