NewsFlash / Cobalt & Lithium / [GFEX once again mentioned accelerating the R&D of varieties such as lithium hydroxide to meet the risk management needs of the real economy in low-carbon transformation and development]
[GFEX once again mentioned accelerating the R&D of varieties such as lithium hydroxide to meet the risk management needs of the real economy in low-carbon transformation and development]
iconJul 1, 2025 14:10
Source:SMM
[GFEX to Accelerate R&D of Lithium Hydroxide and Other Varieties to Meet Risk Management Needs of Real Economy in Low-Carbon Transition] According to Caijing Link, a media outlet recently learned from the Guangzhou Futures Exchange (GFEX) that GFEX will accelerate the R&D of platinum, palladium, lithium hydroxide, and other varieties, continuously improve market service levels, and better meet the risk management needs of the real economy during the process of low-carbon transition and development. Lithium carbonate, another variety of lithium chemicals, had its futures listed for trading as early as July 21, 2023, and has been operating for nearly two years now. Many industry chain enterprises, including well-known companies such as Ganfeng Lithium, Tianqi Lithium, Salt Lake Potash, Zangge Mining, Sinomine Resource Group, and CATL, have all launched hedging businesses after the listing of lithium carbonate futures to cope with the impact of price fluctuations in lithium carbonate on their business operations.

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