[Securities Times] according to the data of Baichuan Yingfu, on the 28th, the market prices of battery grade lithium carbonate and industrial grade lithium carbonate in China rose by 10000 yuan / ton, with quotations of 49 Tianma Microelectronics Co.Ltd(000050) 0000 yuan / ton and 47 Shenzhen Kingkey Smart Agriculture Times Co.Ltd(000048) 0000 yuan / ton respectively. On the same day, the Ministry of industry and information technology said that this year, it will focus on meeting the production needs of power batteries, moderately accelerate the development progress of China’s lithium, nickel and other resources, and crack down on unfair competition such as hoarding and raising prices.
Comments: at present, the head manufacturers have abundant orders. Tesla‘s waiting cycle is 12-16 weeks, and Byd Company Limited(002594) popular models take 6 months. It is expected that the sales volume of the industry in the first quarter is expected to exceed 1 million, and the sales volume of new energy passenger vehicles in the whole year is expected to exceed 5.5 million. Driven by demand, the price of battery grade lithium carbonate continues to rise, and the tight supply situation is difficult to ease in the short term.
Tibet Mineral Development Co.Ltd(000762) ( Tibet Mineral Development Co.Ltd(000762) ): Tibet Zabuye Salt Lake with exclusive mining right is the third largest lithium salt lake in the world, with proven lithium reserves of 1.841 million tons.
Chengxin Lithium Group Co.Ltd(002240) ( Chengxin Lithium Group Co.Ltd(002240) ): the designed capacity of lithium salt of the company’s subsidiaries is 70000 tons in total.
