Today, the concept of extracting lithium from Salt Lake has greatly increased the limit of 100 billion lithium salt giant again after 3 months. [hot stocks]

SMM, Feb. 17: earlier today, the three major A-share indexes rose one after another, and the gem index rose more than 1.5% at one point. In the context of a better environment, the salt lake lithium plate broke out, up more than 6% in intraday trading, leading the way among all the plates. The performance of individual stocks is also very eye-catching. The 100 billion lithium giant Tianqi Lithium Industry ushered in the limit again after a lapse of three months. Jinyuan shares pulled up the sealing board, and Zhaoxin shares, Ganfeng Lithium Industry, and Tibet Mining rose more than 6% one after another. At the same time, the lithium battery plate also ushered in a wave of small trading, Fengyuan shares, Yongxing materials, China Mineral Resources, Yuntianhua and other stocks.

On the news side, recently, with the rising price of lithium salt, the speed of enterprises' layout of upstream lithium resources is also accelerating. Not to mention the previous companies such as LG Energy, BYD, Zijin Mining, Ganfeng Lithium Industry and Zang GE Mining, in recent days alone, Ningde Times, Tesla and Yahua Group have successively announced the layout and progress of their lithium mines. For a while, the degree of discussion about lithium ore rose again.

Yesterday night, Ya Hua Group also announced that it had signed an "off-take agreement" on lithium concentrate with Lithium Development, a wholly-owned subsidiary of Core in Australia, at the end of March 2019. According to the previous agreement, Yahhua International will buy at least 300000 dry tons of lithium oxide concentrate from the development of the lithium industry, and will buy at least 75000 dry tons of lithium oxide concentrate each year (fluctuating up and down by no more than 10 per cent) after the lithium deposit is put into production. As soon as the news came out, the highest rise in today's Yahhua group was more than 6%. "View details

And on the evening of February 15, a news about the discovery of a super-large lithium deposit in the Himalayas also led to a sharp rise in industry discussion, but the lithium mine can not enter the production process in the short term, and there are still a lot of technical problems to be solved. However, there is no doubt that the super-large lithium mine, which is conservatively estimated to have lithium oxide resources of up to 1.0125 million tons, will be closely watched by the industry in the future.

The preliminary adoption of Chile's proposal on the nationalization of lithium mines and the re-mention of the lithium "OPEC" organization also show that countries attach importance to lithium resources. Some people in the industry believe that this means that overseas acquisitions will not only be influenced by previous geopolitics, but will also be affected by concerns about the future industrial development of various countries. Overseas lithium resources acquisition will become more difficult than before, and at the same time, it will also affect the rate of release of global medium-and short-term lithium resources production. The price of lithium salt is likely to remain high for at least two years.

According to the spot price of SMM, recently, the average spot price of domestic battery-grade lithium carbonate has risen all the way up. After jumping 10, 000 yuan for three consecutive trading days, the average price of lithium carbonate rose 8000 yuan to 430000 yuan / ton today.

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

SMM research shows that on the supply side, output of lithium carbonate enterprises has rebounded slightly at the end of maintenance in February, with a significant reduction in demand for the four major cathode materials in February, and the overall demand for lithium carbonate has dropped by about 6 per cent. Therefore, the current lithium carbonate market gap has narrowed slightly, but the gap is still there, resulting in the upstream lithium carbonate quotation is still in the upstream state. "View details

It is worth mentioning that in the global lithium resources mining, although spodumene concentrate still occupies the first place in the supply of spodumene concentrate, the supply of salt lake system is also growing at a high speed. According to SMM statistics, the global supply of lithium resources will be about 540000 tons of lithium carbonate equivalent in 2021, among which the supply of salt lakes will increase significantly.

As a result, the tension in domestic lithium resources continues to spread, the salt lake lithium plate repeatedly brushes the sense of existence. Some organizations pointed out that a number of governments have indicated that they will strengthen industrial protection and establish independent industrial chains. With the increasing expansion of lithium demand, salt lake brine lithium resources will be developed under the strategic demand of diversity and supply guarantee.

Taking into account the epidemic and labor shortages affecting concentrate supply, Citic Securities expects lithium prices to exceed $3000 a tonne in the first half of 2022. Guotai Junan also said that from a comprehensive point of view of supply and demand, the persistence of the high price of lithium is quite solid.