According to media reports, the reporter went to West Sichuan and other places to interview lithium mining enterprises and learned that lithium salt broke through 200000 yuan / ton and hit 250000 yuan / ton. The latest situation is that lithium enterprises have received an offer of 300000 yuan / ton. As long as the general manager of the lithium enterprise agrees, the transaction with 300000 yuan / ton is minute by minute. In addition, driven by downstream demand, lithium salt supply is insufficient, and upstream enterprises basically do not execute long orders. Lithium salt enterprises predict that “next year’s concentrate will usher in the most scarce moment.”
As of December 24, 2021, the price of lithium carbonate in China’s spot market was 261500 yuan / ton, an increase of 393% over the beginning of the year and 32% since December. The agency pointed out that unlike other links in the electric vehicle industry chain, lithium, as an upstream resource, its capacity growth is restricted by the development cycle of mineral resources. In 2021, the global lithium resources project will enter a new round of active period. However, in addition to the expansion of the original project, the capacity construction of new entrants will begin at the end of 2021 and is expected to be put into operation as soon as the end of 2022. The supply and demand pattern of lithium is expected to remain tense in 2022 and is expected to become the last variety to usher in the inflection point of prosperity in this round of power battery industry chain.
According to the theme database of financial Associated Press, among the relevant listed companies:
Sinomine Resource Group Co.Ltd(002738) the new 25000 ton lithium salt production line includes 15000 tons of battery grade lithium hydroxide and 10000 tons of battery grade lithium carbonate. The spodumene mining and processing system with an annual processing capacity of 120000 tons in the company’s Canadian Tanco mine was officially put into operation on October 15, and the first batch of spodumene concentrate has been shipped.
At present, Zhiyuan lithium, a subsidiary of Chengxin Lithium Group Co.Ltd(002240) , has a capacity of 40000 tons. Suining Shengxin 30000 tons lithium salt project, a subsidiary, has started construction at the end of 2020. At present, it is in good progress. It is expected to be completed and put into operation by the end of this year. The Indonesian project plans to build a new 60000 tons lithium salt capacity.
(Financial Associated Press)
