AITO M8 Surpassed 170,000 Deliveries in Its First Year Since Launch

In March 2026, China’s phosphate ore imports reached 182,000 mt, up 88.2% MoM and 144.4% YoY, with an average price of $79.9/mt, down 7.2% MoM.Affected by Strait of Hormuz disruptions, Jordan halted supplies for the first time since September 2023. Imports mainly came from Egypt (170,000 mt) and Pakistan (12,000 mt), through Guangxi, Hubei and Fujian.

[China Imported 29,974 mt of Lithium Carbonate and Exported 448 mt of Lithium Carbonate in March 2026] According to customs data, China imported 29,974 mt of lithium carbonate in March, up 13% MoM and up 65% YoY. Among them, 18,000 mt was imported from Chile, accounting for 61% of total imports; 8,292 mt from Argentina, accounting for 28%; and 2,100 mt from Indonesia, accounting for 7%. From January to March, China's cumulative lithium carbonate imports reached 83,000 mt, up 65% YoY on a cumulative basis. In March, China exported 448 mt of lithium carbonate, down 25% MoM and up 104% YoY. From January to March, China's cumulative lithium carbonate exports totaled 1,516 mt, up 46% YoY on a cumulative basis.

Ganfeng Lithium announced that its net profit for Q1 2026 was estimated at 1.6–2.1 billion yuan, up 549.65%–690.17% YoY. During the reporting period, driven by the rapid development of the global new energy industry, downstream clients' demand for lithium chemicals grew strongly, and the selling prices of the company's lithium chemical products rose significantly compared with the same period last year. In addition, with the capacity release of the company's lithium resources projects, the company's cost structure continued to be optimized. Moreover, as the power battery and energy storage markets continued to grow, sales in the lithium battery segment increased notably, resulting in YoY growth in the company's operating performance.