Energy metal plate hit low and rebounded "four consecutive gains"! Lithium electricity Shuangxiong Tianqi Ganfeng continues to lead the rise! [SMM Express]

SMM February 14: in recent days, the energy metal plate rose one after another, recording the fourth consecutive day of upward. Today's intraday rise of more than 2.7%, the performance of its stocks is also very eye-catching, Tianqi lithium industry is far ahead with more than 5% increase, Ganfeng lithium industry, Huayou cobalt industry, Shengxin lithium energy, cold cobalt industry and other stocks have followed.

On the face of the news, after being bombarded by various rumors in recent days, the Ningde era finally released a big move, issuing a solemn statement over the weekend to refute the rumors that it had been sanctioned by the United States and had been removed from the gem weight index. a series of rumors such as talking about collapse with Tesla.

Today, Ningde Times official Weibo again set off a "bomb", saying that its subsidiary Sichuan Times New Energy Resources Co., Ltd., signed a joint venture agreement with Ganzi Prefecture Investment Group, Yibin Sanjiang Huida Company, and Sichuan Tianfu Mining Company in Chengdu. According to the agreement, all parties will carry out all-round cooperation on the premise of being in line with the national strategic mineral security guarantee, speed up the exploration and development of lithium mineral resources in the province, and increase the supply of lithium resources. Promote comprehensive utilization in a scientific and orderly manner, promote the coordinated development of the whole industry chain of new energy, and provide important support for the development of trillion-level power battery industry in Sichuan Province.

It is worth mentioning that discussions on lithium resources have remained high since the recent preliminary adoption by Chile's Constituent Assembly of a proposal aimed at promoting the nationalization of copper, lithium and other strategic assets. SMM spot prices show that the prices of a group of lithium salts, led by lithium carbonate, have also risen steadily in recent days. From February 9 to February 11 alone, the spot price of domestic battery-grade lithium carbonate rose by 14000 yuan / ton. As of Feb. 11, the average spot price of domestic battery-grade lithium carbonate was 392000 yuan / ton, up 41.01% this year.

"Click to view the spot historical price of SMM new energy products.

SMM survey shows that the domestic lithium carbonate gap is still obvious from February to March. On the supply side, the supply of lithium carbonate remained low in February due to the maintenance of lithium salt enterprises. On the demand side, affected by the reduction in production during the Spring Festival and the shortage of raw materials, there was a significant reduction in the quantity of the four major cathode materials in China, resulting in a 6% decrease in demand for lithium carbonate in February compared with the previous month, and the shortage of supply slightly alleviated, but the market still showed a gap of about 15%. So the post-holiday price is still in an upward state. Considering that there is still demand for replenishment from February to March, the price of lithium carbonate may continue to rise due to shortage. "View details

Lithium ore, Citic Securities Research report pointed out that Australia lithium mine production disturbance continued, lithium ore production in the fourth quarter of 2021 month-on-month decline. Lithium mine prices are expected to exceed $3000 a tonne in the first half of 2022. The "de-Australianization" of lithium ore supply has become a market focus, and companies that take the lead in the distribution of lithium resources outside Australia and companies building lithium conversion capacity in Australia are expected to benefit. Ganfeng Lithium Industry, Salt Lake shares and Shengxin Lithium Energy are recommended, and attention should be paid to Tianqi Lithium Industry, Yongxing Materials and China Mineral Resources.