Lithium Carbonate Prices Soared 66% in 2021
07/06/21 | EV
Shanghai Nonferrous Metals News SMM: As of June 4, the price of battery grade lithium carbonate rose to RMB89,000 to 90,000/t level on the domestic market, with an average price of RMB88,000/t up by 66% from the beginning 2021. According to SMM, lithium carbonate prices have been on a rapid…
China’s Li Carbonate Production Dropped in April
25/05/21 | EV
Asian Metal News China produced 2,620 t of lithium carbonate (industrial grade) in April, down by 8.07% m-o-m and down by 1.13% y-o-y respectively. China produced 9,950 t of lithium carbonate (industrial grade) during the first four months of 2021, up by 10.56% y-o-y from 9,000 t in 2020. Source
Li Battery Project for Funeng and Geely in Ganzhou
18/05/21 | EV
Cnal News 17th May: Funeng Technology and Geely Technology established a JV in the lithium battery business located at Ganzhou Jiangxi. Backed by total investment of RMB1 bln, the scope of business operations includes production and sales of lithium-ion battery and module systems, battery module management systems, charging systems and…
CPCA: March Sales of New Energy Cars up by 98.1%
12/05/21 | EV
Shanghai Nonferrous Metals News CPCA (China Passenger Car Association): The sales of new energy cars gained by 98.1% m-o-m to 189,000 units in March 2021, a surge of 274.9% y-o-y. Of this figure, about 160,000 were all-electric cars, up 97.7% m-o-m; and 29,000 were hybrids, up 100.5% m-o-m. In Q1…
Jiangxi Zhili Li Tech: 30 ktpy Li Iron Phosphate Expansion
19/04/21 | EV
Shanghai Nonferrous Metals News Jiangxi Zhili Technology Co., Ltd. has been engaged in LiFePO4 material development since its establishment in 2015. The company is now working to expand its capacity from 2 ktpy to 30 ktpy by May/June 2021. Source
Early State of Battery Recycling Business
15/04/21 | EV
Shanghai Nonferrous Metals News GEM (Wuhan) Urban Mines and Urban Mineral Recycling Industrial Park is busy preparing for the upcoming peak of battery recycling. Industry research revealed that due to a lack of supportive policies and little market incentive, a large amount of scrapped batteries end up in small recycling…
Ganfeng Li: 7 ktpy Li Project Settles at Yichun, Jiangxi
12/04/21 | EV
Shanghai Nonferrous Metals News 8th April: Ganfeng lithium’s new 7 ktpy lithium project (in metal) has been launched at the Yichun economic development zone, Jiangxi. Backed by total investment of RMB2.2 bln, the project includes ultra-thin lithium anode materials for high specific energy solid-state batteries, lithium molten salt electrolysis, low-temperature…
Shanshan: RMB 8.216 bln of Operating Revenue in 2020
08/04/21 | EV
Shanghai Nonferrous Metals News Shanshan’s 2020 annual report showed total operating revenue of the company was RMB 8.22 bln in 2020, a y-o-y decrease of 5.35%; but the net profit attributable to shareholders of listed companies was RMB 138 mln, a y-o-y increase of 48.85%. By end-2020, Shanshan had 60…
China Produces 2.95 bln Li Batteries January/February
06/04/21 | EV
Shanghai Nonferrous Metals News China produced 2.95 billion lithium-ion batteries in January and February 2021, up by 108% y-o-y. The output of lead-acid batteries was 40.85 mln KVAh, up 88.7% y-o-y. The output of primary batteries and primary battery packs (non button) was 6.15 billion, up 54.9% y-o-y. China’s power…
