SMM May 27th Lithium manganate spot Express: overseas orders still have to wait for market sentiment is more pessimistic

Published: May 27, 2020 12:24

Save

SMM May 27th Lithium manganate spot comment: today Lithium manganate (power type) price is 3.35-35500 yuan / ton, the average price is 34500 yuan / ton, there is almost no transaction in the power market, the price remains the same; Lithium manganate (capacity type) price is 2.15-29000 yuan / ton, recently a small number of enterprises reduced prices slightly, the overall price fluctuated in the range. The decline in lithium carbonate prices slowed this week, waiting for the lifting of the ban in overseas markets, and the overall production of lithium manganate market is expected to be halved from May to July.

The decline in lithium carbonate prices slowed this week, downstream demand continued to be weak, domestic orders remained unchanged, overseas demand has not recovered, market transactions tend to be flat, prices remain low. Lithium manganate is greatly affected by overseas Indian markets. At present, India is tentatively scheduled to lift the ban on May 31. If customs can be opened on time, Indian factories will also need time to gradually resume work. It is expected that lithium manganate materials will have to wait for another two months. Overall, the overall output of the lithium manganate market is expected to halve from May to July, and a small number of enterprises have stopped production in early May, waiting for downstream demand to recover.

Quotation price forecast

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 for 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

21 hours ago

[SMM News] Lithium Africa Samples 1.98% Lithium Oxide at Agboville's Kanien Trend

September 15th Lithium Africa has defined a second spodumene trend at its Agboville Project in Côte d'Ivoire, with rock samples returning up to 1.98% lithium oxide (Li2O). The company reports 19 spodumene-bearing pegmatite samples from the Kanien trend, 14 above 1% Li2O, extending 2.8 km along a sheared muscovite granite within the licence. Kanien is the district's second primary spodumene trend, alongside the Saby trend, where trenching returned 8 m at 1.1% Li2O. CEO Thomas Benson said the results point to an emerging lithium district rather than isolated occurrences. Kanien lies along strike of spodumene samples up to 1.36% Li2O on an adjacent licence, together defining a spodumene pegmatite corridor of about 7 km across the licence boundary. The company holds about 485 km² of granted licence via a 50/50 joint venture, and has applied for the adjacent 368 km² Sikensi licence. A 2,000 m RC drilling program at Saby was paused for the rainy season after 1,137 m, with results targeted for Q4 2026. The Agboville licence covers 399.27 km², about 85 km north of Abidjan, adding a new West African exploration target to the global spodumene pipeline.

21 hours ago

[SMM News] Surge Evolution Nevada North Joint Venture Produces Battery-Grade Lithium Carbonate

The Nevada North Lithium joint venture between Surge Battery Metals and Evolution Mining has produced 99.95% battery-grade lithium carbonate (Li2CO3) from project ore in the US, supporting a Prefeasibility Study for the project. Kemetco Research produced crude Li2CO3 assaying 99% from the Nevada North master composite via beneficiation, sulphuric acid leaching, solution purification, and carbonate precipitation. A portion was refined to the 99.95% battery-grade product. Leaching achieved lithium extractions above 93% at 475 kg acid per tonne of feed, rising to about 98% at higher acid addition, completing within one hour at 90°C. Attrition and screening recovered 98.9% of lithium into the fine fraction while rejecting about 75% of the acid consuming carbonate. CEO Greg Reimer said the work demonstrates the full chain from sedimentary clay to refined battery-grade product. Focus now shifts to pilot-scale testing of recovery, consistency, reagent consumption, and energy performance. Surge also holds the San Emidio Lithium Project in Nevada, adding a US clay-based lithium supply source to the market pipeline.

21 hours ago

[SMM News] American Lithium Achieves Higher-Than-Expected Recovery Rates at Falchani Pilot Plant in Peru

Lithium Corporation has fully commissioned and started operating its Falchani lithium pilot plant, in Peru, with operating systems performing as expected. The plant, advanced by consultancy TECMMINE in Lima, is achieving average lithium extraction rates of 88.7%, above the 80% recovery rate expected in a 2024 preliminary economic assessment. With all flowsheet equipment installed and testing, American Lithium is advancing toward full end-to-end flowsheet validation at scale in continuous mode, to confirm bench-scale results. The pilot plant is expected to run continuously at target rates for three months, processing six to ten tonnes of ore from Falchani. Results will feed into future feasibility work.Falchani's volcanic-hosted lithium mineralisation has naturally low impurities, supporting a simple flowsheet capable of producing battery-grade lithium carbonate exceeding 99.5% purity, adding a potential new South American lithium supply source to the market.

21 hours ago