[6.3 Lithium Battery News] MIIT, CAAM Comment on New Round of "Price War" in Automotive Industry | Institutions Adjust Lithium Price Range for H2

[CITIC Securities: Adjusts Forecasted Lithium Price Range to 60,000-70,000 yuan/mt in H2 2025]CITIC Securities' research report indicates that the slowdown in lithium price declines in Q1 2025 led to a slight recovery in overseas lithium ore prices and improved operations at salt lake enterprises, while supply-side exits remained sluggish. Since Q2, as lithium prices fell to 60,000 yuan/mt, industry losses significantly widened, fueling expectations of mine production cuts and a price rebound. However, cost reduction efforts and market share retention objectives have resulted in smaller-than-expected output reductions, suggesting lithium prices will undergo a challenging bottoming process. The forecasted lithium price range for H2 2025 has been adjusted to 60,000-70,000 yuan/mt, with attention recommended on low-cost players likely to benefit from a potential rebound. (Cailian Press)

[MIIT and CAAM Address New Round of Automaker Price Wars: "Cut-throat Competition" Has No Winners or Future]On May 31, responding to the recent wave of price wars in the auto industry, CAAM issued the "Proposal on Maintaining Fair Competition and Promoting Healthy Industry Development" (hereinafter referred to as the "Proposal"). Following its release, an MIIT official expressed support for CAAM's Proposal. Price wars among automakers have severely disrupted normal operations, jeopardizing the industry's healthy and sustainable growth.》Click for details

[Lopal Tech Signs 5 Billion yuan LFP Cathode Material Sales Contract with Eve Energy Malaysia Sdn. Bhd.]Lopal Tech (603906.SH) announced that its subsidiary, Lithium Source (Asia Pacific), signed a Production Pricing Agreement with Eve Energy Malaysia Sdn. Bhd., projecting sales of 152,000 mt of LFP cathode materials to Eve Energy and its affiliates from 2026 to 2030, with total contract value exceeding 5 billion yuan. (Cailian Press)》Click for details

[Tibet Mineral Resources Reduces Listing Price by 10% for Second Attempt at Silver Zabuye Equity Transfer]Tibet Mineral Resources (000762.SZ) disclosed that on October 23, 2024, it approved a public listing transfer of 100% equity in Silver Zabuye Lithium Industry, with an initial listing price of 196.5793 million yuan. After failing to identify qualified buyers, the company lowered the price by 10% to 176.9214 million yuan for a second round of listing via the Shanghai United Assets and Equity Exchange. (Cailian Press)

[Yongxing Materials: Currently Not Selling Lepidolite Concentrate]Yongxing Materials stated via an interactive platform that it is not currently selling lepidolite concentrate externally, and future sales decisions will be based on comprehensive market assessments.

[EVE: The company plans to achieve breakthroughs in the production process of all-solid-state batteries by 2026]EVE stated on an interactive platform that it has already made technological arrangements in the field of solid-state batteries and formulated relevant industrial plans. In the consumer battery sector, the company's gel-state battery solution has been applied to atomizer products, aiming to achieve "food-grade safety." In the power and ESS battery sectors, the company is committed to significantly enhancing battery energy density, safety, and cycle life to drive the rapid development of fields such as EVs and ESS. Currently, the company has completed the development of Ah-level pouch-type sulphide all-solid-state battery samples, and its 100 MWh pilot line is expected to commence operations in 2025. The company plans to achieve breakthroughs in the production process of all-solid-state batteries by 2026, introducing a high-power, highly environmentally resilient, and absolutely safe all-solid-state battery, primarily for use in hybrid power applications. In 2028, it will launch a 400 Wh/kg high-specific-energy all-solid-state battery. (Financial Associated Press)