[10.11 Lithium Express] Cobalt prices have risen nearly 60% in one and a half years. Nearly 99% of domestic cobalt resources depend on imports. Shenzhen will promote the implementation of traffic restrictions and parking concessions for new energy vehicles

[lithium iron phosphate price high operation of a number of enterprises within the year layout] in October, lithium iron phosphate price remains high. According to the spot price of SMM, as of October 8, the average spot price of power lithium iron phosphate was 75000 yuan / ton, which has been maintained since September 30. Judging from the trend of the year, lithium iron phosphate was quoted at 38000 yuan per ton at the beginning of the year, and the current price is 97.3% higher than that at the beginning of the year. Since the beginning of this year, a number of chemical enterprises have announced the layout of lithium iron phosphate or iron phosphate industry, such as medium nuclear titanium dioxide, Longbai Group and Anada, which are mainly engaged in titanium dioxide, and Xingfa Group and Chuanheng shares of phosphorus Chemical Plate.

[openly solicit opinions! Shenzhen will promote the implementation of traffic restrictions and parking concessions for new energy vehicles] the Shenzhen Municipal Development and Reform Commission issued the Circular on matters related to the reduction and reduction of parking charges for New Energy vehicles (draft for soliciting opinions). The draft for soliciting opinions shows that the time limit and scope of parking concessions for new energy vehicles will be more flexible. Shenzhen encourages parking lots with market-regulated prices and gives parking concessions to new energy vehicles. The "draft for soliciting opinions" released this time proposes that new energy vehicles in parking lots managed by government pricing or government guidance prices, on the basis of reducing or waiving parking fees during the existing charging period (within the first two hours of a day), enjoy a discount on parking fees within one hour (including the cost) on the same day.

[cobalt prices rise by nearly 60% in one and a half years, nearly 99% of domestic cobalt resources are imported] among the components of power batteries, there are many substances that are far more expensive and scarce than lithium, such as metal "cobalt". Since 2020, with the rapid development of new energy vehicles, the price of cobalt has also risen all the way, being jokingly called "Cobalt Grandma" in the industry. Data show that as of October 8, the domestic spot cobalt price has risen from a low of less than 240000 yuan per ton in April last year to more than 380000 yuan per ton, an increase of nearly 60 per cent. In fact, compared with lithium, cobalt is a real scarce resource, and nearly 99% of domestic cobalt resources are imported. Data show that in 2020, the world's proven cobalt reserves are about 7.1 million tons, about 50% of which are distributed in the Democratic Republic of the Congo (DRC), while China's proven cobalt reserves are about 80, 000 tons, accounting for only about 1% of the world's total reserves.

Global chip shortages have forced automakers to slow production and several Stellantis plants in Europe and the United States have been forced to stop operations. (the impact of core shortage is worse than the epidemic. Stellantis, the world's fourth-largest automaker, is expected to drop 1.4 million vehicles this year. The car company expects to reduce car production by 1.4 million units this year.

[China Mineral Resources: net profit in the first three quarters increased by 183.5% over the same period last year] China Mineral Resources issued a performance forecast, which is expected to make a net profit of 285 million yuan to 305 million yuan in the first three quarters of 2021, an increase of 183.5% 203.4% over the same period last year. During the reporting period, the market demand for new energy and new materials increased significantly, the revenue of the company's main products cesium salt business and lithium salt business increased significantly compared with the same period last year, and the company's profitability improved.

[the rise of a 35 square kilometer new energy vehicle base in Laiyang, Shandong Province, creating 10 billion-class new kinetic energy] in the final assembly workshop of a leading automobile manufacturing enterprise in Laiyang, Shandong Province, a brand-new light truck goes off the line every 5-6 minutes. According to a person in charge of an enterprise, a total of 13000 light trucks were produced last year, with a sales revenue of about 1.2 billion yuan. In order to promote the file upgrading of the traditional automobile industry, Laiyang City has also adopted measures such as extending the industrial chain to cultivate new momentum for the development of the automobile industry. Zhou Lizhong, deputy secretary of the party work committee of Laiyang Economic Development Zone, said that in the next step, the local government will plan to build a 35-square-kilometer industrial base for the manufacture of new energy vehicles and parts, continuously optimize the business environment, make up for the shortcomings in the industrial chain, and strive to build three industrial clusters of more than 10 billion yuan in 2025.