【80MW/160MWh! Hangzhou Lin'an's First Large-Scale Grid-Side Energy Storage Power Station to be Officially Commissioned by the End of June】

Upholding the mission of "Continuous Innovation Driving the Accelerated Transition to Green Energy," GEO will showcase its cutting-edge solutions at the Battery Show, contributing to the high-quality development of the global new energy industry.

2 Billion Yuan Power and Energy Storage Battery Production Base Project Settled in Nanzhang, Hubei

Progress of Rongbai's overseas Lithium iron manganese phosphate: The construction of the 20,000 mt LMFP in the second phase of the Korean base is being accelerated.

On March 13th, lithium carbonate futures rose by 0.38% to 118,800 yuan/ton, with spot prices reaching 111,000 yuan/ton, signaling a market in cautious optimism.

On March 8th, lithium carbonate futures fell by 0.70% to 113,350 yuan/ton, while spot prices slightly increased to an average of 108,900 yuan/ton, amid ongoing market adjustments.

【SMM Cobalt-Lithium Morning Meeting Summary: Lithium Carbonate Prices Rose Overall on Monday. On the supply side, some lithium salt companies were still in the early stages of resuming production after maintenance, resulting in relatively limited supplies available for spot sales beyond long-term contract orders. Some lithium salt companies have intentions for subsequent deliveries, but overall, lithium salt companies continue to sell long-term contract orders while pricing spot orders firmly. Their spot prices continue to rise. However, downstream companies like cathode material producers have given feedback that due to the recent continuous increase in lithium carbonate prices, while the pricing transmission of their products lags behind the lithium carbonate price hikes, the current pricing transmission situation makes it difficult to fully pass on the increased raw material costs to downstream customers, gradually squeezing production profits...】

Beteray: Achieved revenue of 251.19 billion yuan and a net profit attributable to shareholders of 1.651 billion yuan in 2023

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On February 23, the main contract of lithium carbonate 2407 rose sharply, up 4.30%, according to the data, the main contract of lithium carbonate 2407 opened at 98,150 / ton and closed at 101,800 yuan / ton, with a trading volume of 206,120 hands and a position of 173784 hands, an increase of 7,771 hands from the previous trading day. SMM's spot price of battery-grade lithium carbonate on the day was 93,500-99,000 yuan/ton, with an average price of 96,250 yuan/ton, an increase of 100 yuan/ton from the previous working day. Judging from the trend, after the opening of lithium carbonate prices on the same day, the shock ran steadily for a period of time and then rose slightly after a steady operation, and rose sharply at noon to the end of the session, and finally closed up 4.30%.

LG Energy Solution (LGES) signed a second offtake agreement with Wesfarmers Chemicals, Energy, and Fertilisers (WesCEF) on 14 February.