SHANGHAI, Aug 21 (SMM) – Ganzhou Longkai Technology plans to build a project that could produce up to 15,000 mt of lithium manganese oxide (LMO) cathode materials and 5,500 mt of battery- or industrial-grade lithium carbonate in a year, according to the Ecology and Environmental Bureau of Ganzhou of Jiangxi province.

As of Tuesday August 20, prices of domestic battery-grade lithium carbonate stood at 62,000-65,000 yuan/mt, and those for capacity-type LMO came in at 29,000-34,000 yuan/mt, showed SMM assessments.