LFP Prices to Remain Stable on Cost Support

Jixin Technology (601218.SH) mengumumkan bahwa anak perusahaan yang dimiliki sepenuhnya, Jixin Binhai, berencana untuk berinvestasi dalam pembangunan Proyek Manufaktur Cerdas Peralatan Kelas Atas Tenaga Angin Jixin Technology Binhai (Tahap I), dengan total investasi tidak melebihi 700 juta yuan. Proyek ini berencana membangun fasilitas baru termasuk bengkel gabungan pengecoran dan bengkel permesinan. Kapasitas desain Tahap I adalah 50.000 mt/tahun, dengan masa konstruksi 18 bulan dan konstruksi diharapkan dimulai pada November 2026. Sumber pendanaan meliputi dana sendiri dan pinjaman bank. Investasi ini telah disetujui oleh dewan direksi dan tidak memerlukan persetujuan rapat pemegang saham.

At the beginning of this week, prices across the industry chain remained weak. After refined cobalt futures fell, traders raised their spot-futures price spread quotes, but downstream buyers continued to purchase only on a need-to basis. In the intermediate product market, there were almost no inquiries or transactions, with holders indicating prices above $17/lb while some buyers would only accept below $13/lb, widening the divergence. Cobalt sulphate, cobalt chloride, and Co3O4 prices continued to pull back, with downstream procurement subdued and lower raw material costs weakening price support. Cobalt powder enterprises also lowered their quotes, and high-priced inventory delayed restocking by cemented carbide enterprises. Ternary cathode precursors saw production schedules trend lower due to weaker nickel and cobalt salt prices and insufficient demand for some orders. Ternary cathode material prices fell along with raw materials, and cathode plants mainly consumed existing inventory. LCO demand showed no seasonal boost, and prices remained at risk of further weakness. Overall, pre-holiday stockpiling was limited, and the market is waiting for inventory digestion and demand improvement.

Sanxia New Material (600293.SH) mengumumkan bahwa perseroan berencana mengakuisisi tidak kurang dari 53,14% saham Zhuhai Saiwei Electronic Materials Co., Ltd. melalui penerbitan saham dan pembayaran tunai, yang diperkirakan merupakan restrukturisasi aset besar. Perdagangan saham perseroan akan dihentikan mulai 29 September 2026, dengan penghentian diperkirakan berlangsung tidak lebih dari 10 hari perdagangan. Bisnis utama perusahaan target: terutama bergerak dalam penelitian dan pengembangan serta produksi bahan khusus elektronik seperti elektrolit baterai lithium-ion dan bahan membran tipe baru, serta memegang lisensi produksi bahan kimia berbahaya.