Lithium Ore News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.

This week, the price of leipidolite 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 initiated in the short term. Currently, most downstream smelting enterprises that rely on external m...

[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. Most of the salt plants under maintenance will gradually resume production around Lantern Festival, bu...

[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 production was resumed in addition to some projects stocking up earlier...]

NEPC has disclosed that over 6. 685 million metric tonnes of non-oil products were exported from the country in the 2023 business year.