Ministry of Industry and Information Technology: guide the rational return of lithium salt price and strengthen efforts to ensure market supply

In order to ensure the supply and stabilize the price of lithium resource products and promote the healthy development of new energy vehicles and power battery industry, the Department of Raw material Industry of the Ministry of Industry and Information Technology and the first Department of equipment Industry, together with the Price Department of the Development and Reform Commission, the General Administration of Market Supervision and Inspection and the Bureau of Anti-unfair Competition, organized a symposium on the operation of the lithium industry and the price increase of upstream materials for power batteries on March 16 and March 17. China Nonferrous Metals Industry Association, China Automobile Industry Association, China Automobile Power Battery Industry Innovation Alliance and other industry organizations, as well as lithium resources development, lithium salt production, cathode materials, power batteries and other key enterprises upstream and downstream of the industry chain attended the meeting.

The meeting listened to the production, production and sales of key enterprises, analyzed the current bottlenecks in resource development and production supply, and in view of the recent sharp rise in the prices of lithium resources and lithium salt products, full exchanges were conducted around the market price formation mechanism of lithium salt products, production and consumption, the impact of the power battery industry, and policies and measures for ensuring supply and stabilizing prices.

The meeting demanded that enterprises in the upper and lower reaches of the industrial chain strengthen the docking of supply and demand, work together to form a long-term and stable strategic cooperative relationship, jointly guide the rational return of lithium salt prices, and step up efforts to ensure market supply, so as to better support the healthy development of China's new energy vehicles and other strategic emerging industries.