Lithium Hydroxide Prices Rose by 7,000 yuan/mt, Lithium Metal Prices Jumped by 60,000 yuan/mt

Published: Feb 25, 2022 16:08
SMM data shows that the domestic spot quotations for battery-grade lithium carbonate stood at 460,000-468,000 yuan/mt as of February 25, with the average price at 464,000 yuan/mt, up 2,000 yuan/mt.

SHANGHAI, Feb 25 (SMM) – SMM data shows that the domestic spot quotations for battery-grade lithium carbonate stood at 460,000-468,000 yuan/mt as of February 25, with the average price at 464,000 yuan/mt, up 2,000 yuan/mt.

The spot quotations for battery-grade lithium hydroxide stood at 411,000-420,000 yuan/mt, and the average price increased by 7,000 yuan/mt from the previous day to 415,500 yuan/mt.

The lithium metal prices rose by 60,000 yuan/mt from the previous day to 2.51-2.57 million yuan/mt, and the average price was 2.54 million yuan/mt.

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 to learn 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
Volkswagen to Launch Affordable High-Tech EVs in 2026, Aiming for Major Chinese Market Expansion
8 hours ago
Volkswagen to Launch Affordable High-Tech EVs in 2026, Aiming for Major Chinese Market Expansion
Read More
Volkswagen to Launch Affordable High-Tech EVs in 2026, Aiming for Major Chinese Market Expansion
Volkswagen to Launch Affordable High-Tech EVs in 2026, Aiming for Major Chinese Market Expansion
Volkswagen Group CEO said that in 2026, Volkswagen would launch affordable electric mobility products equipped with high-end technology. In the Chinese market, Volkswagen would kick off the largest product launch campaign in the company’s history. It would also set key milestone targets for the battery, software, and autonomous driving sectors.
8 hours ago
Fulin Precision Expands LFP Cathode Material Capacity to Meet High Demand
9 hours ago
Fulin Precision Expands LFP Cathode Material Capacity to Meet High Demand
Read More
Fulin Precision Expands LFP Cathode Material Capacity to Meet High Demand
Fulin Precision Expands LFP Cathode Material Capacity to Meet High Demand
Fulin Precision Machining stated on the interactive platform that its subsidiary Jiangxi Shenghua currently has a capacity of 300,000 mt of high-compaction density LFP cathode material and is advancing the construction of an additional 350,000 mt of high-compaction density LFP cathode material, as well as an annual capacity of 500,000 mt of high-end LFP for energy storage. At present, the Company’s capacity is fully utilized and fully sold.
9 hours ago
[Phosphorus Chemical Industry: Tinci Materials Planned to Invest 2.1 Billion yuan to Build the Yichang New Energy Industrial Park, with 1 million mt of Iron Source and 300,000 mt of Iron Phosphate]
11 hours ago
[Phosphorus Chemical Industry: Tinci Materials Planned to Invest 2.1 Billion yuan to Build the Yichang New Energy Industrial Park, with 1 million mt of Iron Source and 300,000 mt of Iron Phosphate]
Read More
[Phosphorus Chemical Industry: Tinci Materials Planned to Invest 2.1 Billion yuan to Build the Yichang New Energy Industrial Park, with 1 million mt of Iron Source and 300,000 mt of Iron Phosphate]
[Phosphorus Chemical Industry: Tinci Materials Planned to Invest 2.1 Billion yuan to Build the Yichang New Energy Industrial Park, with 1 million mt of Iron Source and 300,000 mt of Iron Phosphate]
[Phosphorus Chemical Industry: Tinci Materials Plans to Invest 2.1 Billion Yuan to Build the Yichang New Energy Industrial Park, With 1 Million mt of Iron Source and 300,000 mt of Iron Phosphate] On March 9, 2026, Tinci Materials (002709) announced that, to strengthen its strategic layout in lithium-ion battery materials, the company plans to build a new energy materials industrial park in Yichang, Hubei, through its wholly owned subsidiary Tinci Materials (Hubei) Co., Ltd. The project is expected to have an annual capacity of 1 million mt of iron source and 300,000 mt of iron phosphate, with total investment expected not to exceed 2.1 billion yuan.
11 hours ago
Lithium Hydroxide Prices Rose by 7,000 yuan/mt, Lithium Metal Prices Jumped by 60,000 yuan/mt - Shanghai Metals Market (SMM)