SMM September 28th: in the context of the recent massive power cuts, many enterprises in various industries have released the impact of power cuts on their respective companies one after another. As one of the major domestic producers of lithium hydroxide and lithium carbonate, the dynamics of Yahua Group have naturally attracted the attention of people in the industry.
Recently, some investors asked on the interactive platform whether the double control of energy consumption and power production restrictions had any impact on the company's production. In response, Yahhua Group replied that power restrictions and production restrictions had no impact on the normal operation of the company. The company did not reduce production and stop production.
In the context of rising raw material prices in the lithium industry, many investors are also concerned about the upstream lithium ore resources and lithium salt production of Ya Hua Group. Yahua Lithium Industry previously responded that the company's total lithium salt production capacity is about 43000 tons, and another 50, 000 tons of battery-grade lithium hydroxide project is under construction. It is estimated that by 2025, the company's comprehensive lithium production capacity will reach more than 100000 tons.
Among them, Yahua Group stressed that the company's lithium hydroxide production capacity is in the forefront of the country. According to the spot price of SMM, as of September 28, the quoted price of domestic battery-grade lithium hydroxide has exceeded 160000 yuan / ton, with an average price of 164500 yuan / ton, up 70500 yuan / ton from July.
"Click to view the spot market of SMM metal.
SMM's previous research shows that lithium hydroxide has been in short supply in 2021, but recently, due to the impact of environmental protection and production restrictions in Sichuan, Jiangsu and other places, the operating rate has decreased. At the same time, the domestic downstream materials have entered the replenishment season at the end of the month, the purchase volume has increased, and the transaction price of lithium hydroxide has risen. "View details
Under the beautiful vision of "carbon peak, carbon neutralization", the development prospect of new energy vehicle field is very broad, and lithium, as one of the core raw materials of power battery, is very popular. Therefore, "ore is king" has once become a major law recognized by the industry, and Ya Hua Group, as a major domestic lithium salt producer, is naturally guaranteed by adequate lithium resources.
Ya Hua Group has said that the company mainly comes from Galaxy Resources in Australia, Lijiagou Lithium Mine and Core's Finis Lithium Mine. In addition, the company is still actively allocating other lithium resources. In September, Yahhua International, a wholly-owned subsidiary of Ya Hua Group, also signed a memorandum of cooperation with Australian miner Oriental Iron and Steel to jointly develop the Trigg Hill tantalum-lithium project.
It is reported that the two sides will set up a joint venture for the exploration and development of the project, and Ya Hua Group has the preemptive right to purchase lithium ore in the joint venture company. This is not the end. On Sept. 17, Ya Hua Group again invested A $1.05 million in Dongfang Iron and Steel, taking a 5.05% stake in the company and further deepening the cooperation between the two sides on lithium projects.
Spurred by good news such as the rising price of lithium salt, Ya Hua Group has received the attention of nearly 10 institutions in the past month, many of which have made "buy" comments on it. It is expected to make a net profit of about 800 million in 2021, an increase of more than 150% over the same period last year.
![[SMM Analysis] ความต้องการนิกเกิลเกรดกลางของจีนคาดว่าจะปรับตัวลดลง ราคาพรีเคอร์เซอร์ปรับตัวลง](https://imgqn.smm.cn/usercenter/olwlF20251217171731.jpg)
