Chengxin Lithium: Board of Directors Approves by 7 Votes to Apply for Designated Delivery Warehouse for LH

Published: Jun 16, 2026 11:23

Save

Chengxin Lithium announced that the company held the first meeting of the ninth board of directors on June 12, 2026, reviewed and approved the "Proposal on Applying for the Designated Delivery Warehouse for Lithium Hydroxide at GFEX," agreed that the company apply to GFEX for the qualification of a designated delivery warehouse for lithium hydroxide, and authorized the management to submit application materials and handle other related matters. This application is beneficial for expanding the company's visibility and influence, and improving its risk resistance capability and profitability. This matter remains uncertain, with the final outcome subject to GFEX's approval.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 min ago

[Lithium Battery: Phase I 30,000-Ton Battery-Grade Lithium Carbonate Project Planned For Guizhou]

Recently, the pre-approval public notice for the environmental impact report of the Kaiyang "Phosphorus-Titanium-Iron-Lithium" Coupling Cyclic Integration Project's annual 150,000-ton battery-grade lithium carbonate project (Phase I: 30,000 tons) has been released. The project is located in Kaiyang County, Guiyang City, Guizhou Province, with an estimated total investment of 881.67 million yuan, including an environmental protection investment of 40 million yuan. The planned construction period is 18 months. The project will establish a 30,000-ton-per-year battery-grade lithium carbonate production line, with an annual by-product of 84,960 tons of anhydrous sodium sulfate.

1 min ago

Common.Time.hoursAgo

China Jan-May Lithium-Ion Battery Manufacturing Investment Rises 24.9%

China's National Bureau of Statistics said investment in high-tech industries grew 4.5% year-on-year in the first five months of 2026. Investment in lithium-ion battery manufacturing rose 24.9%, while investment in integrated circuit manufacturing increased 11%.

Common.Time.hoursAgo

【Phosphorus Chemicals: Wengfu Raises Wet-Process 85% Phosphoric Acid Price by RMB 500 to RMB 12,100/ton】

【Phosphorus Chemicals: Wengfu Raises Wet-Process 85% Phosphoric Acid Price by RMB 500 to RMB 12,100/ton】 On June 15, 2026, according to SMM, Wengfu increased its ex-factory price for wet-process 85% phosphoric acid by RMB 500 to RMB 12,100/ton. Driven by sharp fluctuations in sulfur prices, this hike is intended to ease tight supply pressures and curb downstream demand. A total of 800,000 tonnes of capacity at the Dazhou and Shanghang bases remain offline. Outlook: Significant geopolitical influences are expected to keep prices volatile in the short term. The rise in phosphoric acid prices further pushes up production costs for iron phosphate and lithium iron phosphate (LFP).

Common.Time.hoursAgo