SMM analysts and many conference guests shared their views on the future development and the price forecast of the non-ferrous metal industries at the SMM Nonferrous Metals Industry Chain Annual Conference

From September 12 to 17, SMM New Energy Division Director Wang Tian and marketing consultant Yu Lei are leading the SMM staff and members of the delegation to visit raw material enterprises of lithium battery industry in Ningxia and Inner Mongolia, with the purpose of facilitating closer and in-depth cooperation as well as more effective and sustainable communications.

Qinghai CITIC Guoan Lithium Industry Development Co., Ltd. (“CITIC Guoan”) was established in May 2017 with a registered capital of 400 million yuan. The Xitai Ginel Salt Lake developed by the company is rich in brine resources of potassium, lithium, boron, and magnesium.

Founded in March 2014, Qinghai HXR Lithium Tech is an enterprise engaged in the comprehensive utilisation of salt lake resources and technology R&D, with a registered capital of 65.193 million yuan. The company operates a major lithium carbonate project with annual output of 20,000 mt, which established in July 2015 and commissioned production in November 2017. The main products include industrial-grade lithium carbonate, lithium phosphate and magnesium hydroxide.

Golmud Zangge Lithium was established in September 2017 at No. 15-02 South Kunlun Road, Golmud City, Qinghai Province. The business scope includes production and operation of lithium series products (with the exception of hazardous chemicals and products subject to special national regulations); R&D and consulting services of lithium extraction technologies from salt lakes; production and sales of graphene; development, research, production and sales of new energy storage materials.

SMM New Energy Division Director Wang Tian and marketing consultant Yu Lei led the SMM staff and members of the delegation to visit Qinghai Salt Lake Lanke Lithium Co., Ltd. on July 21.

SMM’s New Energy Division Director Wang Tian and marketing consultant Yu Lei has visited Dongtai Jinai’er Lithium Resources on the morning of July 20.

From July 19 to 23, SMM New Energy Division Director Wang Tian and marketing consultant Yu Lei led the SMM staff and members of the delegation to visit raw material enterprises of lithium battery industry in Qinghai, in order to seek more in-depth cooperation. On the afternoon of July 20, SMM and the delegation group arrived at the third stop of the survey: Jin Kunlun Lithium Co., Ltd.

The lithium battery industry is booming in 2021. The new energy industry is rising rapidly under the background of stimulus policies and the global electrification trend, driving the entire industry chain into a stage of vigorous development.

In the case of the COVID-19 outbreak last year, the global sales of new energy vehicles can still grow against the trend.