SMM survey: what kind of metal do you like most in 2022?
Mining giant Rio Tinto will buy Argentina's Rincon lithium mine for $825 million to speed up its foray into battery materials. Mining giant Rio Tinto said Tuesday it will buy Rincon assets in Argentina for $825 million from private equity buyers. The lithium salt project is located in the so-called lithium triangle in South America. Rio Tinto said the undeveloped project had the potential to produce battery-grade lithium carbonate. Earlier, Rio Tinto's $2.4 billion lithium mine project in Serbia was met with mass protests from local environmentalists and citizens, making it difficult to make progress. Once completed, the project will have an annual capacity of 58000 tons of lithium carbonate, 160000 tons of boric acid and 255000 tons of sodium sulfate, making it the largest lithium mining project in Europe. "View details
[the largest single project in the Ningde era was put into production in Fuding] the lithium-ion battery production base in the Fuding era is the largest single project in the global layout in the Ningde era so far, with a planned production capacity of 120GWhh and an output value of more than 100 billion yuan. On the 21st, the No. 2 plant of the first phase of the lithium-ion battery production base of Fuding era was put into production, which officially opened the prelude to the production of Fuding era.
[Sinovel signed a strategic cooperation agreement with Germany Disso] the "Dialogue Germany" activity with the theme of "New opportunities, New challenges and New Development" was successfully held in the Sino-German Innovation Industrial Park in Changzhou, Jiangsu Province on December 21. Sinovel signed a strategic cooperation agreement with Germany's Disso at the event site. At the event site, Liu Junling, general manager of overseas Division of Sinovel Airlines, signed an agreement on "CALB European Lithium Battery Factory Construction Project" with Germany Disso on behalf of the company. China New Airlines Europe project plans to build power battery capacity of 20GWh+.
[Yahua Group: the comprehensive production capacity of lithium salt products of the company will reach more than 100000 tons by 2025] according to the survey, the company currently has a comprehensive design capacity of about 43000 tons. Another 50, 000 tons of battery-grade lithium hydroxide, 11000 tons of lithium chloride and its products project has started construction. By 2025, the company's comprehensive production capacity of lithium salt products will reach more than 100000 tons.
[Chuanjinnuo: plans to invest 3.9 billion yuan in iron phosphate related projects and lithium iron phosphate projects] Chuanjinnuo announced that the 100000 tons / year purified phosphoric acid of Guangxi Chuanjinnuo, a subsidiary of the company, will be put into production in early 2022. Purified phosphoric acid can be used as the raw material for the preparation of iron phosphate and lithium iron phosphate, which gives the company a great advantage in the production of iron phosphate and lithium iron phosphate. The company or its subsidiaries plan to invest 150000 tons / year in the port area of Fangchenggang City, Guangxi to build a 150000 ton / year battery-grade lithium iron phosphate cathode material precursor iron phosphate and supporting 600000 tons / year sulfur sulphuric acid project ("Iron Phosphate and its supporting Project"). The total investment of the project is expected to be 1.5 billion yuan, 100000 tons / year battery-grade lithium iron phosphate cathode material project ("Lithium Iron Phosphate Project"), the total investment of the project is expected to be 2.4 billion yuan.
On December 20, the China Association of Automobile Manufacturers announced that 15 group standards, such as the Code for the Construction of shared Exchange stations for Electric passenger vehicles, part 1: general principles, have been formulated in accordance with the procedures for the revised Management measures for the Standard system of the China Association of Automobile Manufacturers (trial version). It has been examined and approved by the China Association of Automobile Manufacturers, and is now approved for release. "View details
Related readings:
Imports of cobalt intermediate products rose in November A year ago, spot shortages may push up cobalt prices [SMM analysis]
Go international! Mysterious American car companies give a big order of 200Gwh batteries to Guoxuan! [SMM analysis]
The situation in Congo is uncertain. Cobalt prices may rise further after the outbreak in South Africa [SMM analysis]
Not only the price of lithium and cobalt is also a 3-year high! How long can the cobalt bull market last after the cobalt salt jump caused by the epidemic?
Lithium hexafluorophosphate investment planning capacity has exceeded 750000 tons this year, these enterprises continue to expand production!
The accumulation range of cobalt sulfate has been weakened or reversed in the future due to the increase in supply and demand [SMM analysis]
![[SMM Analysis] Spot order coefficients still trended upward; cobalt sulphate price pullback drove precursor prices lower](https://imgqn.smm.cn/usercenter/GVVKq20251217171728.jpg)
