Samsung Electronics Uses Silicon-Carbon Anode for First Time

[SMM Daily Review: Spot Lithium Carbonate Price Consolidates Upward on July 27] Today, the SMM battery-grade lithium carbonate spot price consolidated upward compared with the previous working day. In the futures market, the lithium carbonate 2609 contract opened high at 145,800 yuan/mt today. After opening, bulls moved quickly, pushing the price to a high of 148,200 yuan/mt. It then encountered bearish selling pressure and pulled back in consolidation, fluctuating repeatedly below the average price line (146,000 yuan/mt) in the morning session, touching a low of 143,300 yuan/mt. Around midday, bulls and bears wrestled within the 143,300–146,000 yuan/mt range. In the afternoon, bulls re-entered, and the price quickly surged past resistance at the average price line, then consolidated higher. In late trading, bulls continued to push and ended near 147,200 yuan/mt, ultimately closing up 2.39% at 147,200 yuan/mt, with open interest declining by 585 lots. In the spot market, downstream procurement remained primarily just-in-time procurement, with transactions concentrated around 145,000 yuan/mt, as acceptance of higher prices was limited. Upstream lithium chemical plants remained steadfast in holding spot order prices firm, but were weighed down by downstream wait-and-see sentiment, and buyers and sellers continued to wrestle. Market inquiries and actual transactions maintained an overall stable trend.

Hyundai Motor has started moving production line equipment into MAAC (Mobility Alpha-line Anseong Campus), its first in-house battery plant. The plant’s initial production capacity is understood to be 2 GWh per year. Hyundai Motor will use NCM batteries, rather than LFP batteries, and plans to first build a pouch-type battery production line this year. The company is also expected to discuss prismatic battery production next year.

【30k-ton Waste LIB Recycling and Reutilization Project Launched in Beichen, Tianjin】 Recently, the annual 30,000-ton waste LIB recycling and reutilization project entered its second EIA public announcement stage. The project is located in Xiditou Town Industrial Park, Beichen District, Tianjin. It is an expansion project that utilizes leased factory space to install one LIB cell crushing and sorting line, one un-electrolyte-deposited LIB cell crushing and sorting line, one LIB electrode sheet crushing and sorting line, and supporting environmental equipment. Upon completion, it will achieve an annual capacity of 10,000 tons of LIB cells, 10,000 tons of un-electrolyte-deposited cells, and 10,000 tons of electrode sheets, totaling 30,000 tons of waste LIBs per year.