Report: Yanshan Iron & Steel to construct lithium carbonate, hydroxide project in Tangshan

Published: Mar 5, 2019 13:37

Save

With a capacity of 40,000 mt/year, the project will commission half of its capacity after construction of phase one

SHANGHAI, Mar 5 (SMM) – Tangshan Yanshan Iron & Steel, under Hebei Iron & Steel Group, signed an agreement with Nanbao development zone in Caofeidian, Tangshan city on Thursday February 28, to construct a lithium carbonate and lithium hydroxide project, according to a local news release.

With an overall capacity of 40,000 mt/year, the project will commission half of the capacity after construction of phase one. SMM learned that project investments stands at 2 billion yuan.

As one of the raw materials of lithium-ion batteries, lithium carbonate will be produced from spodumene imported from Australia and Chile through Caifeidian port.

Market commentary Lithium hydroxide Lithium carbonate

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

23 hours ago

This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]

23 hours ago

Feb 6, 2026 12:00

Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]

Feb 6, 2026 12:00

Feb 6, 2026 09:27

A gold and silver reset, not a reversal

Gold and silver have recovered part of their recent losses following one of the sharpest corrections seen in precious metals in over a decade

Feb 6, 2026 09:27