Domestic lithium concentrate enters substantial shortage industrial chain products continue to rise

On September 6, lithium power industry chain products rose again, of which 99.2% (industrial / national) lithium carbonate rose 3000 yuan / ton to 127000 yuan / ton; 99.5% (electricity / China) lithium carbonate price rose 1500 yuan / ton, the average price was 134000 yuan / ton; 56.5% (electricity / coarse particles) lithium hydroxide rose 1500 yuan / ton, the average price was 135000 yuan / ton; 56.5% (electricity / fine powder) lithium hydroxide rose 2500 yuan / ton, with an average price of 140500 yuan / ton.

Institutional analysis said that the domestic lithium concentrate has entered a substantial shortage, and the domestic lithium concentrate inventory may be nearly depleted by the end of the year. In the face of a growing contradiction between supply and demand, the continued release of downstream demand for lithium salt in September and a new round of lithium concentrate auctions by Pilbara on the BMX electronic trading platform may serve as catalysts for lithium prices to continue to accelerate in September.

According to the theme database of the Financial Associated Press, among the relevant listed companies:

Shengxin lithium energy spodumene ore production scale of 405000 tons / year, the company's first phase of metal lithium project production capacity of 600tons, has completed the first group of 150tons.

The new production line of 25000 tons of lithium salt in China Mineral Resources includes 10, 000 tons of battery-grade lithium carbonate and 15000 tons of battery-grade lithium hydroxide. The production line is currently in a capacity climbing period and is scheduled to reach production by the end of this year.