[Ganfeng Lithium: Completes 100% Equity Acquisition of Mali Lithium, Commences Phase I Production at Goulamina Spodumene Project in Mali with 506,000 mt Annual Lithium Concentrate Capacity]G

Around June 20, the import and export data of cobalt and lithium battery industry chain-related products for May were released. The data showed that China's total spodumene imports in May reached approximately 605,000 mt, down 2.9% MoM, equivalent to about 53,000 mt LCE. Lithium carbonate imports declined both YoY and MoM but remained at a relatively high level above 20,000 mt... SMM compiled the import and export situation of battery materials as follows:

Cobalt is a critical metal resource that is widely used in various high-tech fields due to its unique physical and chemical properties. As global demand for high-performance materials continues to grow, the strategic importance of cobalt is becoming increasingly prominent. Gaining a deep understanding of cobalt mining, refining, and downstream application value chain helps to grasp its development trends in modern industry and emerging technologies, while also promoting the rational utilization of resources and sustainable development.