Clearing of lithium minerals leads to tight supply and rising quotation for lithium carbonate

The average price of battery-grade lithium carbonate rose again by 1000 yuan per ton to a new high of 87500 yuan per ton this year, up 12 percent from last month, according to media data.

At present, the tight supply of lithium ore in Australia has not been alleviated, and the cost-side support is significant. Guoxin Securities believes that this round of lithium carbonate market is mainly driven by demand, and then it is expected to stack Australian spodumene mine production capacity clear, raw material spodumene prices start to promote lithium carbonate and lithium hydroxide price resonance, the industry boom is expected to continue to improve.

According to the theme database of the Financial Associated Press, among the relevant listed companies:

Ya'an Lithium Industry, a subsidiary of Yahua Group, has a full production line of 20, 000 tons of battery-grade lithium carbonate (lithium hydroxide). Yongxing materials will have an annual output of 10, 000 tons of battery-grade lithium carbonate project and 1.2 million tons / year lithium ore efficient mineral processing and comprehensive utilization project.