China’s Lithium Hydroxide Output Increased 12% from April

SHANGHAI, Jun 9(SMM) -

China’s lithium hydroxide output was 20,663 mt in May, a month-on-month increase of 12% and a year-on-year increase of 36%.

In terms of smelting production, some of the new production capacity has entered the trial production and ramp-up stage, but supply of smelting only increased slightly at some manufacturers due to the shortage of raw materials and short-term maintenance in May.

The output of the causticising increased significantly in May amid the stable lithium hydroxide prices and low prices of industry-grade lithium carbonate.

In June, some leading manufacturers will complete the maintenance and the new production lines continue to ramp up the production, while the supply through causticisation is expected to rise slightly, the overall supply of lithium hydroxide will still rise slightly.

Domestic lithium hydroxide output is expected to be 21,922 mt in June, a month-on-month increase of 6% and a year-on-year increase of 40%.