The Ministry of Industry and Information Technology announced that the total output value of lithium power industry in 2021 will exceed 600 billion. | Yahhua Group will lock lithium ore resources again.

Ministry of Industry and Information Technology: the total output value of lithium electricity industry in 2021 exceeded 600 billion! The Ministry of Industry and Information Technology released the Operation of the Lithium Ion Battery Industry in 2021, which mentioned that the national output of lithium-ion batteries in 2021 was 324GWH, an increase of 106% over the same period last year, of which the output of consumer, power and energy storage lithium batteries was 72GWh, 220GWh and 32GWH respectively, up 18%, 165% and 146% respectively over the same period last year. The output of the four key materials of lithium electricity has increased rapidly, and according to the estimation of the research institution, the growth rate of cathode materials, diaphragms and electrolytes is close to 100%. The total output value of lithium electricity industry has exceeded 600 billion yuan. "View details

[Accor Group: subscribe 3.4% of Australian ABY and sign off-take and sales agreement] Accor announced that it subscribed for 3.7 million shares of ABY at A $0.75 per share, totaling A $2.775 million, accounting for 3.4 per cent of the total share capital of ABY before IPO. On February 27, 2022, the two sides jointly signed the Investment and share subscription Agreement and the off-take and sales Agreement. ABY provides no less than 120000 tons of lithium concentrate every 12 months of contract year. If ABY has excess lithium concentrate in the future, both parties can provide additional quantity of lithium concentrate to Yahhua International in accordance with the terms agreed in writing.

[Yan'an Bikang: lithium hexafluorophosphate products of the holding subsidiary are fully produced and sold and basically have no inventory] Yan'an Bikang disclosed the announcement of the record table of investor relations activities. at present, the holding subsidiary 99 Jiujiu Technology Lithium hexafluorophosphate products have sufficient orders on hand, production and sales are booming, continuous full production and full sales, and basically no inventory.

[Rongbai Science and Technology signed "Strategic Cooperation Agreement"] Rongbai Technology (688005.SH) issued an announcement that the company and Greenbeauty recently signed a "Strategic Cooperation Agreement". According to the agreement, Rongbai Technology and Greenmei will jointly build a strategic cooperation system based on the industry chain of "Nickel and Cobalt Resources Exploitation-Power Battery recovery-Ternary precursor Manufacturing-Ternary material Manufacturing". To establish a long-term and close cooperative relationship in the fields of power battery recovery, overseas nickel resource smelting, precursor product supply and marketing, etc. "View details

[China Mineral Resources plans to invest 1 billion yuan to build a project with an annual output of 35000 tons of high purity lithium salt] through its wholly-owned company Chunpeng Lithium Industry, it plans to invest and build a project with an annual output of 35000 tons of high purity lithium salt in Xinyu City, Jiangxi Province, with a total investment of about 1 billion yuan. The announcement shows that Chunpeng Lithium Industry produces 35000 tons of high-purity lithium salt annually. The main products of the project are battery-grade lithium carbonate and battery-grade lithium hydroxide, while the by-products are anhydrous sodium sulfate. The project construction period is about 12 months. Chunpeng Lithium Industry first invested in the project with its own funds, and the deficiency was solved by raising its own funds.

[Guotai Junan: it is expected that the spot price of lithium is still easy to rise and difficult to fall in the short term] Guotai Junan Research newspaper pointed out that since the Spring Festival, the price of lithium carbonate has continued to move rapidly, rising by more than 50,000 yuan / ton in just two weeks compared with that before the festival. The rapid rise in prices is mainly due to the urgent demand for lithium carbonate from lithium iron phosphate manufacturers, especially overseas energy storage batteries, which have a smooth transmission of lithium prices, and naturally further increase the price of lithium. Fundamentals, short-term lithium supply and demand will continue to be tight, lithium prices may remain strong, and the concentrate end is more certain. Although the Ministry of Industry and Information Technology has recently proposed to continue to speed up the development of domestic lithium resources, we do not think that the increase in lithium supply will occur within a year (more affecting the long-term supply expectations), and it is expected that the spot price of lithium will still be easy to rise and fall in the short term.

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