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China’s Lithium Hydroxide Production Review In July And Forecast In August 

iconAug 9, 2023 16:22
Source:SMM
In July, China's lithium hydroxide output was 26,636 mt, a MoM increase of 3% and a YoY increase of 34%.

SHANGHAI, Aug 9 (SMM) –
In July, China's lithium hydroxide output was 26,636 mt, a MoM increase of 3% and a YoY increase of 34%. The steadily falling lithium hydroxide prices diminished the cost performance of lithium hydroxide produced with industrial grade lithium carbonate, thus smelters reduced output. Yet, the decline was offset by output release from new capacity at other smelters.
With arrivals of imported ore, capacity that was delayed will be put into operation in August. It is estimated that the output of lithium hydroxide in August will be around 26,711 mt, an increase of 0.3% MoM and a YoY of 54%.

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