Lithium Market Report June 2017

Table of contents
Abstract ……2
1 Industrial development 2
1.1 Tianqi Lithium agrees to initially invest in “Phase II project of monohydrate lithium hydroxide of 24,000tpy” 2
1.2 Guoxuan High-tech’s subsidiary signs sale contract for electric motor coach battery system 2
1.3 Lithium Americas closes US$172 million strategic financing with Ganfeng Lithium 2
2 Company news 3
2.1 CITIC Dameng puts NCM project into production 3
2.2 Fozhao Lake’s lithium carbonate outputs up by 11.8% MOM in June 3
2.3 MGL to increase NCM capacity to 10,000t by late 2017 3
3 Domestic market review 3
3.1 Lithium carbonate prices rise persistently on tight supply 3
3.2 Prices for lithium hydroxide monohydrate up accordingly with li mited deals concluded 3
3.3 Lithium chloride prices stable 4
3.4 Lithium metal prices edge up 4
3.5 Lithium cobalt oxide prices down further 5
3.6 NCM prices rise slightly 5
4 Import and export data 5
4.1 China’s lithium carbonate imports up by 19% MOM in May 2017 6
4.2 China’s lithium hydroxide exports down by 11% MOM in May 2017 7
5 Output statistics 8
5.1 China’s lithium carbonate output up by 28.6% MOM in June 8
5.2 AM Statistics: China’s lithium hydroxide monohydrate output up by 14.1% YOY in H1 of 2017 9
5.3 China’s lithium carbonate output expected to increase by about 69,000t in H2 2017 9
6 Market outlook 10

List of charts
Chart 1 Chinese lithium carbonate 99.5%min price trend from May to Jun 2017 (RMB/t) 3
Chart 2 Chinese lithium carbonate 99%min price trend from May to Jun 2017 (RMB/t) 3
Chart 3 Chinese lithium hydroxide 96%min, Na 0.002max, price trend from May to Jun 2017 (RMB/t) 4
Chart 4 Chinese lithium hydroxide 56.5%min, Na 0.002max, price trend from May to Jun 2017 (RMB/t) 4
Chart 5 Chinese LiCl 99.3%min Na0.003%max price trend from May to Jun 2017 (RMB/t) 4
Chart 6 Chinese lithium metal 99.9%min price trend from May to Jun 2017 (RMB/t) 4
Chart 7 Chinese lithium metal 99%min price trend from May to Jun 2017 (RMB/t) 5
Chart 8 Chinese lithium cobalt oxide 60%min price trend from May to Jun 2017 (RMB/kg) 5
Chart 9 Chinese NCM 523 price trend from May to Jun 2017 (RMB/kg) 5
Chart 10 Chinese NCM 523 precursor price trend from May to Jun 2017 (RMB/kg) 5
Chart 11 China’s lithium carbonate imports by month from Jan 2016 to May 2017 (t) 6
Chart 12 China’s monthly exports for lithium hydroxide from 2016-2017 (t) 7
Chart 13 China’s monthly exports for lithium hydroxide by major countries in 2017 (t) 7
Chart 14 China’s battery grade lithium carbonate output by month from 2016 to 2017(t) 8
Chart 15 China’s industrial grade lithium carbonate output by month from 2016 to 2017 (t) 8
Chart 16 Lithium hydroxide monohydrate output in Chinese market by month (t) 9

List of tables
Table 1 China’s lithium carbonate imports in May 2017 6
Table 2 China’s lithium carbonate imports in May 2017 7
Table 3 Ternary material capacity distribution in China at present (Unit: ton) 9
.Asian Metal Copyright3 Lithium Americas closes US$172 million strategic financing with Ganfeng Lithium 2 2 Company news 3 2Asian Metal Copyright