Ganfeng Lithium Industry issued a price adjustment letter to increase the unit price of all series of lithium metal products by 100000 yuan / ton from tomorrow.

Ganfeng Lithium Industry issued a price adjustment notice: the unit price of the company's full range of metal lithium products (industrial grade lithium metal lithium, battery grade metal lithium, lithium lithium belt products) has been increased by 100000 yuan per ton, and the unit price of butyl lithium products has been increased by 10%. It is mainly due to the continuous rise in raw material prices and the impact of power supply, and the substantial increase in the production cost of lithium metal.

With the continuous growth of the new energy vehicle market, the lithium materials in the upper reaches of the industry also show a high bearing, superimposed lithium ore raw materials are tight, and the price of lithium salt has risen considerably in the past year. As of September 3, 2021, the price of battery-grade lithium carbonate was 121200 yuan per ton, up 140 percent from the beginning of the year, and the price of battery-grade lithium hydroxide was 123000 yuan per ton, up 150 percent from the beginning of the year.

In the first half of 2021, the overall performance of listed companies in the lithium carbonate plate was excellent, benefiting from the rise in the price of lithium materials. According to the Everbright Securities report, in the first half of 2021, the overall operating income of listed companies on the lithium carbonate plate was 31.86 billion yuan, an increase of 21.60 percent over the same period last year, and the net profit of returning home totaled 6.398 billion yuan, an increase of 362.14 percent over the same period last year.