[hot stocks] the concept of extracting lithium from salt lake broke out across the board. Can the stock price hit a new high in Tianqi Lithium Industry Market and can Lithium Salt rise?

SMM August 23: stimulated by the good news, salt lake lithium extraction concept plate broke out across the board, Zhaoxin shares rose by the daily limit, Salt Lake shares rose close to the limit of 9.95%, Koda Manufacturing, Tianqi Lithium Industry, Tibet Mining and other stocks rose more than 4%. Among them, Tianqi Lithium Industry reached an all-time high of 127yuan per share in intraday trading, reaching a rise for the fourth consecutive trading day.

It is worth mentioning that on August 22, Tianqi Lithium Industry also issued a stock trading announcement of abnormal volatility in response to the fact that the company's stock closed with a cumulative deviation of more than 20% for three consecutive trading days from August 18 to August 20.

The announcement mentioned that the first phase of the company's "24000 tons of battery-grade lithium hydroxide project" built in Quinana, Australia, is currently in the commissioning stage. Although the company strives to achieve full completion and operation of the project by the end of 2021 and to reach the design capacity by the fourth quarter of 2022, the actual timing of the project is still uncertain. After reaching the relevant standards, the company will fulfill the obligation of information disclosure in time in accordance with the relevant provisions.

But even so, it still can not stop the strong development momentum of Tianqi lithium industry. Recently, with the rise of lithium prices, more and more institutions have high hopes for the future of the lithium industry. China International Capital Corporation published a research report and predicted that under the trend of global automobile electrification, the global lithium demand is expected to increase from 430000 tons in 2021 to 1.54 million tons in 2025. LCE,2021-2025 lithium supply and demand is expected to gradually become tight.

In the context of tight lithium supply, the salt lake lithium extraction resources with large reserves and low cost of lithium extraction are of great significance to ensure the global supply of lithium resources. As a result, domestic salt lake lithium extraction has repeatedly detonated the stock market.

At the same time, the price of lithium salt is also rising steadily. According to the spot quotation of SMM, as of August 23, the price of domestic battery-grade lithium carbonate has reached 101000 yuan / ton, with an average price of 102500 yuan / ton, an increase of 99.03% this year; and lithium hydroxide is not willing to lag behind. As of August 23, its spot quotation was 113,000 yuan / ton, with an average price of 115500 yuan / ton, up 135.7% during the year.

"Click to view the spot market of SMM metal.

For the future price, SMM predicts that the 3C demand has not improved in the near future, the cost pressure of lithium manganate is too great or production will be reduced, the expansion of iron and lithium production has become the main force driving the rising demand for lithium carbonate, and the upward trend of lithium price is still there.

As for lithium hydroxide, orders from major domestic smelters are still tight, and prices are expected to maintain an upward trend. "View details