According to the data released by Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) , the quotation of lithium hydroxide, a lithium battery material, rose by 5000 yuan / ton today, with a quotation of 490000 yuan / ton. The price has increased by 70.1% compared with that after the Spring Festival (according to the price of 288000 yuan / ton after the Spring Festival of business society).
According to the analysis of the Research Report of securities companies, in the short term, the lithium market is still tight and the downstream demand is strong, driving the lithium price to rise steadily. In the medium term, the development cycle of upstream lithium ore is long, and the supply shortage pattern is expected to be difficult to change in the next 2-3 years. Downstream electric vehicles and energy storage have accounted for more than 60% of lithium demand. With the high growth of downstream demand, the lithium industry is expected to achieve high growth.
According to the theme database of financial Associated Press, among the relevant listed companies:
The Tianyi lithium industry, jointly funded by Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) and Contemporary Amperex Technology Co.Limited(300750) and other enterprises, has fully released the production capacity of 20000 tons of battery grade lithium hydroxide in phase I. after all the expansion projects are completed, Tianyi lithium industry will have a total production capacity of 160000 tons / year of battery grade lithium hydroxide products.
Shandong Fengyuan Chemical Co.Ltd(002805) wholly owned subsidiary Shandong Fengyuan lithium energy technology Co., Ltd. signed the investment agreement with Yuxi Municipal People’s government, which mentioned that Yuxi Municipal People’s government should support Party B to participate in the bidding in accordance with laws and regulations to obtain the exploration and mining rights of clay lithium and other mineral resources, and guarantee the lithium and other related resources required by the company’s lithium battery cathode materials and supporting projects according to law.
