SHNAGHAI, May 9(SMM) - The domestic output of lithium hydroxide stood at 18,520 mt in April, up 5% on the month and 31% on the year.
In terms of smelting production, new capacity of some manufacturers picked up steadily, but some manufacturers stated or ended maintenance in the middle of April, with minimal increases in smelting output. However, under the impact of the downward movement of lithium carbonate prices, caustic processing output of some manufacturers showed a small increase.
In May, new production lines of some manufacturers were put into production, and the recovery of output in plants with maintenance in April coupled with the small increases in caustic processing, the overall industry supply increased slightly. The domestic output of lithium hydroxide is expected to be 19,388 mt in May, a month-on-month increase of 5%.
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