[SMM Analysis: Review and Outlook of the Electrolyte Industry in H1 2025] According to SMM statistics, over the past six months, the total production of electrolyte reached 907,480 mt, up 62.5% YoY compared to 558,390 mt in H1 2024.

[SMM Analysis: Review and Outlook of the LiPF6 Industry in H1 2025] In H1 2025, the total production of LiPF6 reached 113,985 mt, up 46.8% YoY compared to 77,628 mt in H1 2024.

On the evening of July 15, Taijia Co., Ltd. (002843) announced that, based on the external environment and the company's actual situation, it would postpone the implementation of the "Cemented Carbide Band Saw Blade Production Line Construction Project" (with a planned investment of 112.1113 million yuan), the "High-Speed Steel Bimetal Band Saw Blade Production Line Construction Project" (with a planned investment of 122.805 million yuan), and the "New Energy Power Supply and ESS Production Site Project" (with a planned investment of 241.8379 million yuan). The dates for these projects to reach their predetermined usable states have all been postponed to September 20, 2026.

[SMM Analysis: Artificial Graphite Prices Slightly Declined in June, Expected to Remain Under Pressure in July] SMM reported on July 16: In June, the prices of some artificial graphite anode materials showed a slight downward trend. Cost side, the price of graphitisation tolling services slightly decreased

Early January 2025 - Late January 2025:Pre-Chinese New Year inventory buildup drives active market transactions and price increases

Recently, many upstream enterprises in the lithium industry chain have successively released their earnings forecasts for the first half of 2025 (H1). Inevitably, these enterprises have mentioned that the significant YoY decline in lithium carbonate prices in H1 has dragged down their respective earnings. However, at the same time, several lithium ore enterprises, including Tianqi Lithium and Sinomine Resource Group, have expected their net profits attributable to shareholders of publicly listed firms in H1 to be profitable... SMM has compiled the earnings forecasts of several lithium enterprises currently, as detailed below:

[SMM Weekly Review of Lithium Battery Anode Market: Downstream Demand Rose Slightly in June, Anode Material Production Costs Continued to Decline] SMM reported on July 16: In June, the average price of low-sulphur petroleum coke fell to 3,558 yuan/mt, down 5.6% WoW.

[SMM Analysis: Natural Graphite Trade Cools Down in May 2025, Expected to Continue Declining in June] SMM reported on July 16: In May 2025, China's flake graphite exports stood at 8,716 mt, down 3% MoM and 10% YoY.