Ternary materials output rise 8.3% in Aug

SHANGHAI, Sep 17 (SMM) – China's output of ternary materials increased 8.3% from July to 13,000 mt in August, SMM data showed, as more downstream orders from leading companies grew production enthusiasm across producers. 

New capacity in Guangdong province and in some north China also accounted for the higher output. As major cathode materials plants operated close to capacity, new orders moved to plants that commissioned new capacity or to medium-sized plants, SMM learned. 

Production is likely to extend its increase in September as demand from major domestic battery plants will continue to grow, SMM expects.