High Lithium Ore Prices in Australia will Drive Lithium Prices Rebound, Reasons Prevent Output to Grow

On the evening of March 16, Farasis Energy (Ganzhou) Co., Ltd. issued a voluntary disclosure announcement, stating that its wholly-owned subsidiary, Guangzhou Farasis Energy Technology Co., Ltd., recently received a "Designation Development Notice" from GAC Group. GAC Group has selected it as a partner for the development and supply of power batteries, with related products expected to officially commence supply in the first half of 2027. According to the announcement, the core product for this designated cooperation is a lithium iron phosphate power battery designed based on the SPS (Super Pouch Solution) large-format pouch power battery solution.

On March 17, Rongbai Technology released the "Announcement Regarding the Adjustment of the Equity Structure of a Wholly-Owned Korean Subsidiary and Related Party Transactions," stating its intention to adjust the equity structure of its wholly-owned Korean subsidiary, Jaese Energy Co., Ltd., and to gradually sell the ternary cathode production capacity of Korea JS. This move aims to address challenges related to relevant uncertainties and enhance the company's core competitiveness for long-term participation in the North American lithium battery market, thereby avoiding significant idle overseas production capacity.

Solid-state batteries were a hot topic at the 2026 Two Sessions, where delegates noted that the industry is at a critical inflection point, moving from “samples” to “products.”