[SMM investigation] resumption of Kinkai cycle Lithium Carbonate

Published: May 11, 2020 17:30

Save

SMM, 11 May:

Hunan Jinkai Circulation Technology Co., Ltd. has been on holiday and stopped producing lithium carbonate since May 1, and has officially resumed work since today, with a shutdown time of about 10 days.

Kincaid cycle mainly produces battery grade lithium carbonate, using recycled material as raw material, with an annual production capacity of 3600 tons. Before the shutdown, the company produced about 250 tons of lithium carbonate and held about 200 tons of inventory, but did not receive downstream enquiries a week after the May Day holiday. The current market battery grade lithium carbonate is 4.3-44500 yuan / ton, the average price is down 0. 5% from the previous day. 50000 yuan per ton.

Operating rate 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

9 hours ago

[SMM Analysis] The Golden Age of Battery Recycling

9 hours ago

[SMM Analysis] Indonesia’s Battery Recycling Advances Further

9 hours ago

Xinjiang Blue Diamond Lithium Energy's 35kt Battery-Grade Lithium Carbonate Project Environmental Assessment Released

Recently, Xinjiang Blue Diamond Lithium Energy Technology Co., Ltd. published the first official public notice for the environmental impact assessment of its lithium salt production project. The project is located in Toksun County, Turpan City, Xinjiang, with a total investment of 2.5 billion yuan. It will include a production line capable of producing 35,000 tons of battery-grade lithium carbonate and 935 tons of anhydrous lithium chloride per year, along with supporting facilities such as a raw material preparation area, pyrometallurgical area, leaching and electrolysis area, and production area.

9 hours ago