12th December 2018
Chinese lithium carbonate producers are said to keep low stocks. At the same time floods have been reported to affect brine producers in Qinghai region.
It all may add up to price increases in the beginning of 2019. At present price stays stable in the range of XX. Market participants become more and more keen to price the contracts on the basis of existing price indexes while..
5th December 2018
Shenyang is the capital and largest city of China’s northeast Liaoning Province. It is situated in a close proximity to the border with North Korea. On 3rd December Shenyang Municipal Government stated that city will focus on supporting EV and battery industries, through a specially designated scheme. The goal for local authorities is to reach production output of 100,000 EVs in 2020.
Perhaps a chance to find out..
29th November 2018
The demand for lithium carbonate is flat. Battery grade trades in a range of XX. Buyers’ price ideas remain at a level of XX, while some of the lithium carbonate producers are hard pressed to sell at cost. Industrial grade carbonate from Qinghai region is at the level of XX. There is a visible spread on the market for lithium hydroxide between material coming from different producers. Output of some producers is considered superior in terms of quality and can fetch a premium over..
28th November 2018
BYD paused its project to open an electric trucks production facility in Canada until further notice.
Audi plans for expansion on Chinese market with 4 models of pure EVs, designed and produced in China. Audi’s newest EV model destined for Chinese market boasts 500 km range on a single charge and can recharge its battery to 80% of its capacity in 30 minutes…
26th November 2018
Jiangsu Guotai plans to construct lithium-ion battery electrolyte plant with capacity of XX tons/year in Poland. The preparations for obtaining environmental and construction permits from the Polish authorities are in progress. Construction will take around XX months and the total investment in the project will amount to XX million yuans. The Jiangsu Guotai is a diversified group active in a range of industries as IT, energy, real estate and finance.
The demand for lithium battery electrolytes continues to grow. The company’s holding subsidiary, Huarong Chemical Products is well positioned in this market, with strong…
23rd November 2018
The construction of new EV production facility in Huai’an Economic Development Zone, developed by Xinxun New Energy Vehicles, with annual production capacity of XX unit has been signed-off. It is planned to be put into operation before the end of 2020.
Market for LCO continues to weaken. The price for Lithium Cobalt Oxide with applications in 4.2-4.35 V batteries is in a range of XX. Major lithium-ion battery factories…
22nd November 2018
For around a decade Chinese government has been supporting EV and battery industry at a regional and national level.
According to Chinese authorities the size and maturity of those industries and its market achieved the level, where subsidies shall be slowly withdrawn. Since Chinese EV and battery industry is strong enough to face a Japanese and Korean competition without any governmental support. Based on that premise subsidies will be slowly decreased and completely cancelled in XXXX. Chinese..
21st November 2018
Sichuan Chemical Co Ltd in response to investors questions stated that XX MT of production capacity for lithium salts will become available by the end of 2018.
WM Motors (Weltmeister), Chinese EV brand founded in 2015, committed to becoming an EV brand with wider market appeal (read for the masses), invested in the construction of new XX GWh battery project. The pace at which new battery Giga factories are announced in China is truly electrifying.
The market for lithium hydrox…
19th November 2018
According to Real Li Research – well known Chinese domestic research company, in October 2018, the total installed lithium batteries capacity in Chinese EV market reached XXGWh, a year-on-year increase of XX, and continues to maintain a very good trend.
Lithium carbonate prices are rather stable in the last days. The spread between industrial and battery grade keeps on narrowing. The price of industrial grade remains in a range of XX….
15th November 2018
Suzhou Ta&A Ultra Clean Tech, Contemporary Amperex Technology and Yibin Tianyuan plan a construction of new lithium carbonate and hydroxide factory with annual capacity of XX tons in Sichuan province, as a JV.
The project is scheduled for two phases. By the end of 2019 production capacity of XX tons of lithium compounds is planned to be ready, while the second stage is planned to be finalized by the end of 2021.
Johnson Controls International has entered a USD 13.2bn agreement to sell its power solutions business to Brookfield Business Partners. Upon finalization of this transaction…
14th November 2018
Lithium hydroxide prices continue their fall. It is a direct result of increased downstream production capacity in China, slowly finding its way on the market. The healthy demand from the side of grease, pharma and battery industries does not help to support a price level from the summer season. In the late summer season, price was in the range of XX for 56.5% min. grade, while battery grade was trading at a level of XX.
Currently the prices for both grades declined to the levels of XX and XX, respectively. The smaller drop for battery grade comes from the fact that up to XX of current hydroxide monohydrate production capacity can only deliver a standard grade material. In the near future, it is quite likely that standard grade hydroxide will fall further. As a demand for standard grade hydroxide, especially used in greases is decreasing – at that price level, grease producers are hard pressed to look for substitutes. On the other hand the battery grade prices shall…
13th November 2018
China produced XX GWh of batteries in October. All together XX GWh of batteries has been produced from the beginning of the year. These numbers are relatively small in comparison to what awaits in the pipeline. Wanxiang Group just announced to invest in 80 GWh lithium battery factory, that would be used in its future EV production.
Prices for lithium carbonate battery grade remain unchanged in the last days. The spread between industrial and battery grade is narrowing. Lithium compounds manufacturers experience increased buying interest, which does not seem to materialize. The price for industrial grade lithium carbonate is in the range of XX, while the price for lithium battery grade oscillates in the range of XX. Demand for lithium hydroxide also did not experience any support. The average price for lithium hydroxide monohydrate 56.5% is at a level of XX while battery grade trades in a range of XX and is…