[9.15 Lithium Express] the auction price of Pilbara lithium concentrate continues to hit a new high. Chuanningde Times intends to acquire Canadian lithium company with 377 million Canadian dollars.

Publicado: Sep 15, 2021 10:04
Fuente: SMM
[9.15Lithium Express] Pilbara Lithium concentrate auction price continues to hit a new high | Chuanningde Times intends to acquire Canadian Lithium Industry Company at C $377 million | Skyline shares: expected net profit of 440 million-460 million yuan Lithium hexafluorophosphate products production and marketing in the first three quarters are booming | Chuanfa Dragon Python: the production of iron phosphate and lithium iron phosphate is being further studied and demonstrated. Foxconn and PTT will invest 20% in Thailand. 100 million US dollars to build an electric vehicle factory | CITIC Securities: car sales in August are in line with expectations. The influence of lack of core is gradually weakened.

[Ningde Times plans to buy Canadian lithium company with 377 million Canadian dollars] Sept. 15, Chinese companies are competing to lay out the key materials needed for electric vehicle batteries, to Canadian miner Millennial Lithium Corp. The bidding war has entered a white-hot stage. Ningde Times is the mystery buyer behind the C $377 million (US $298 million) acquisition of Canadian miner Millennial, according to people familiar with the matter. Millennial said on Sept. 8 that it had received a non-binding unsolicited offer from a foreign lithium battery manufacturer at C $3.85 a share. Ganfeng Lithium announced in July that it would buy Millennial, for a total consideration of about C $353 million for C $3.60 a share. Millennial's assets have also attracted interest from Luoyang Molybdenum, according to people familiar with the matter. Luoyang Molybdenum may consider a joint bid with Ningde Times, one of the people familiar with the matter said. Negotiations are still under way and it is unclear whether buyers will continue to press ahead with a binding offer, according to people familiar with the matter. At present, the Ningde era has not yet formally responded to this.

[Pilbara Lithium concentrate auction Price is expected to be US $2240 / ton] SMM Sept. 14: Pilbara, the leading Australian lithium mining company, held its second spodumene concentrate auction on BMX electronic platform for the first time in July after auctioning spodumene concentrate at an all-time high price for the first time. According to the results of the auction, the final price of the auction was 2240 USD/t CIF, much higher than the range of 1700-2000USD/t (CIF China) that had been widely predicted by analysts, while the historical high price of its first auction was only 1315 USD (USD China). "View details

[Skyline shares: expected net profit of 440 million-460 million yuan in the first three quarters] Tianji shares announced that the net profit in the first three quarters is expected to be 440 million-460 million yuan, compared with a loss of 43.75 million yuan in the same period last year. In the first three quarters, the company's production and sales of lithium hexafluorophosphate products are booming, coupled with the increase in sales prices, lithium hexafluorophosphate performance increased significantly compared with the same period

[Chuanfa dragon python: the production of iron phosphate and lithium iron phosphate is being further studied and demonstrated] during the reception and investigation, Chuanfa dragon python said that industrial-grade monoammonium phosphate has become one of the important raw materials of iron phosphate, the precursor of lithium iron phosphate, the cathode material of new energy battery (lithium iron phosphate battery). The company has paid attention to this field. Last year, the company's industrial-grade monoammonium phosphate successfully entered this field for sales, as of this year's semi-annual report. The company's industrial-grade monoammonium phosphate has been sold to a number of leading enterprises in the iron phosphate industry. For the production of iron phosphate and lithium iron phosphate, the company is further studying and demonstrating that if related progress is involved in the future, the company will fulfill its obligations in time.

[Foxconn and PTT will invest $2 billion to build an electric car plant in Thailand] Foxconn and Thai state-owned company PTT have set up a joint venture and plan to build a new plant. The investment of the factory is expected to be as high as US $2 billion, and construction will take about 2-3 years. The initial production target is 50, 000 vehicles per year, and it is planned to reach 150000 vehicles per year in the future.

[Citic Securities: car sales in August are in line with expectations, and the impact of lack of core gradually weakens] Citic Securities pointed out that car sales reached 1.799 million in August, down 3.5 per cent from the previous month. Passenger car sales reached 1.552 million, unchanged from the previous month, down 11.7% from a year earlier. Passenger cars continue to be under pressure under the influence of chip supply, but the month-on-month decline has been significantly reduced, which is better than market expectations. It is expected that the pressure of core shortage in the industry in September will gradually ease, the trend of "demand is better than supply" will not change, and the opportunity to replenish inventory will be clear.

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