[SMM Announcement] Regarding the Addition of Africa Lithium Sulfate (CIF China) Price

To Our Valued Users,

Hello!

As a key intermediate product in the lithium industry chain, lithium sulfate serves as a primary raw material for producing core lithium salts such as battery-grade lithium carbonate and battery-grade lithium hydroxide. Its supply and pricing directly impact the cost of downstream lithium battery materials and overall market operations. Currently, the lithium sulfate market lacks open and transparent representative price benchmarks, with international trade and procurement pricing largely reliant on bilateral negotiations, leading to issues such as information asymmetry and delays in price transmission.

With lithium sulfate production from relevant African lithium producers, represented by the Zimbabwe region, commencing and gradually entering the market, SMM has developed and is now launching the "Africa Lithium Sulfate (CIF China) Price" to promote the standardization and transparency of African lithium sulfate pricing and enhance the efficiency of industrial chain collaboration. This initiative aims to objectively reflect the market conditions of African lithium sulfate arriving at major Chinese ports, providing a reliable price benchmark for producers, traders, downstream enterprises, and financial institutions, thereby supporting the standardized development and price discovery of the global lithium resource market. Release time：2026.Jan.22

The price will be updated every business day at 12:00 Beijing Time for market reference.

Product Name: Africa Lithium Sulfate (CIF China)
Quality Standard: Li₂SO₄·H₂O content ≥ 80%
Definition: CIF major Chinese ports
Unit: USD/ton
Minimum Transaction Volume: 60 tons
Delivery Period: 2 months
Release Time: Every business day at 12:00 Beijing Time
Payment Terms: Letter of Credit (L/C), Telegraphic Transfer (T/T), or Documents Against Payment (D/P). Other payment terms are subject to negotiation.

We welcome more relevant enterprises across the industrial chain to participate and support SMM in better serving the new energy industry.

Shirley Wang 021-51666838 wangcong@smm.cn

Thomas Feng 021-51666714 fengdisheng@smm.cn

Sylvia Wang 021-51666914 wangzihan@smm.cn

Jessica Wang 021-51595902 wangjie@smm.cn

Faith Zhang 021-51666878 faithzhang@smm.cn

Shanghai Metals Market New Energy Research Team
January 20, 2026