China plans 250,500 mt of additional lithium salt capacity in 2018

Published: Mar 5, 2018 15:11

Save

China plans to build a total of 250,500 mt of new lithium salt capacity in 2018, SMM calculated according to publicly available data.

SHANGHAI, Mar 5 (SMM) – China plans to build a total of 250,500 mt of new lithium salt capacity in 2018, SMM calculated according to publicly available data.

This includes 172,500 mt of lithium carbonate and 78,000 mt of lithium hydroxide capacities. While the proposed addition would relieve the supply tightness of lithium salt, industry participants cautioned on the progress due to stricter environmental protection policies.

In addition, whether lithium carbonate can be used more widely in battery cathode material remains to be seen.

SMM forecast the production of lithium carbonate would grow no more than 60,000 mt in 2018 and lithium hydroxide by no more than 50,000 mt.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

lithium salt capacity

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

14 hours ago

China Northern Rare Earth: Major Product Production Hit Record Highs! Net Profit in 2025 Up 124.17% YoY

14 hours ago

15 hours ago

Multiple Tungsten Companies Continued to Lower Long-Term Contract Quotations, Tungsten Prices Fell Over 16% in More Than One Month, How Will the Market Perform Going Forward? [SMM Commentary]

15 hours ago

17 hours ago

Tungsten Market Long-Term Contract Support Weakened, Industry Chain Continued to Fluctuate Downward [SMM Tungsten Analysis]

[SMM Tungsten Daily Review: Weakening Long-Term Contract Support in Tungsten Market, Industry Chain Continued to Fluctuate Downward] SMM April 21: China's spot tungsten market continued to fluctuate downward today. Major mines primarily fulfilled long-term contracts, while spot orders were hard to come by. Prices of tungsten smelting products, tungsten powder, and recycled materials were generally under pressure. Market pessimism spread further. Profit-taking accumulated from earlier high prices continued to be released, compounded by shrinking industry orders in downstream cemented carbide and cutting tool sectors. End-user procurement nearly came to a standstill. The market remained in a state of unrelenting upstream selling pressure and declining downstream buying volumes, with the overall trading sentiment staying sluggish.

17 hours ago