The quotation goes up to 300000! Today, the average price of lithium carbonate jumped 8000 yuan and the salt lake lithium extraction plate rebounded violently.

SMM January 6: since December 27th, 2021, the price of lithium carbonate has been rising rapidly. After pulling up 10,000 yuan per ton per day yesterday, according to the spot price of SMM, the price of battery-grade lithium carbonate rose again today, reaching 29.2-300000 yuan per ton, with an average price of 296000 yuan per ton, up 8000 yuan per ton a day, up 6.47 percent from the beginning of the year.

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At the same time, the price of battery-grade lithium hydroxide, which rose 8000 yuan yesterday with a daily increase of 10,000 yuan / ton, slowed down today, but it still rose 6000 yuan / ton, and the quotation smoothly broke through 240000 yuan. maintain the price at 23.2 to 241000 yuan / ton, with an average price of 236500 yuan / ton, an increase of 6.29% over the beginning of the year.

It is worth mentioning that in addition to the rising trend of battery-grade lithium carbonate and lithium hydroxide, metal lithium has also performed very well recently. As of January 6, the price of lithium metal was 1.49 million-1.54 million yuan / ton, with an average price of 1.515 million yuan / ton, up 60, 000 yuan / ton compared with yesterday. And this is the fourth consecutive trading day of lithium metal to achieve an one-day rise of 60,000 yuan / ton brilliant record.

On January 4, Chilean lawmakers applied to the House of Representatives for an injunction aimed at preventing the outgoing government from accepting bids for lithium mining contracts. It is reported that, as the country with the largest lithium reserves in the world, Chile announced in October 2021 that it would provide five quotas of 80, 000 tons to domestic and overseas companies, totaling 400000 tons of exploration and production contracts. The winning bidder will be given 7 years of exploration and development projects and 20 years of production time.

The bid will end in mid-January, and the Chilean government's bid has attracted the attention of many lithium giants in the industry at a time of growing shortage of lithium resources. Chilean mining and chemical (SQM), the world's two largest industrial giants, and (Albemarle), an American company, both participated in the bid. There is no doubt that once the tender is successfully passed and landed, the shortage of global lithium resources will be alleviated to a certain extent.

But at present, whether it is the ban just applied for by Chilean lawmakers to prevent the outgoing government from accepting bids for lithium mining contracts, or the arrival of Chile's new president, who will formally take office in March, it has cast an unpredictable veil over the future supply of the world's lithium resources. It is reported that Chile's new President Boric advocates increasing the rate of rights and interests in the mining industry and the establishment of a state-owned lithium company. There is no doubt that Boric's decision is bound to bring greater uncertainty to the release of additional lithium supplies in the future.

According to a Chilean official, the current Chilean government and the Boric team will hold talks to review the background to the bidding process. Once the 400000-ton lithium mine contract is declared bankrupt by tender, the shortage of global lithium supply will further intensify.

Stimulated by this news, the lithium mine, which has fallen for two days in a row, the salt lake lithium extraction and lithium battery index turned red smoothly today, and the salt lake lithium extraction index rebounded violently, with an intraday increase of 4.65%. The performance of individual stocks is also very eye-catching, including Tibet City Investment, Tibet Mining, Jinyuan shares, Chinalco International, etc., a number of stocks rose by the daily limit.

China International Capital Corporation believes that in the short term, political changes in Chile have a limited impact on global lithium supply and demand, but bring greater uncertainty to the long-term release of new supply. In this context, the diversification of the supply pattern of lithium resources may be further accelerated, and the acceleration of the development of potential resources in China, Argentina, Africa and other places will be the general trend.

As for the reasons why the price of lithium salt has been rising recently, according to SMM research, after the holiday, the production and maintenance of mainstream large factories and natural gas restrictions in Qinghai have led to a reduction in the supply of lithium salt. At present, some enterprises have the behavior of cherishing sales, the factory warehouse still exists, the price of lithium carbonate continues to rise, and some other manufacturers have competitive sales. "View details