Lithium Market Report July 2017

Content
Abstract 3
1 Industry News 3
1.1 Ganfeng Lithium to see net profit up by 90%-140% YOY in H1 of 2017 3
1.2 Shanshan Corporation to see net profits rise by 40%-60% YOY in H1 of 2017 3
1.3 Tianqi Lithium’s Zhangjiagang production base reaches full capacity 3
2 Company news 3
2.1 Fozhao Lanke raises battery grade lithium carbonate capacity 3
2.2 Jiangsu Xiangying expects to complete capacity expansion of ternary material in late August 4
2.3 MGL’s lithium cobalt oxides output likely to increase in August 4
3 Chinese market review 4
3.1 Lithium carbonate prices continue to rise 4
3.2 Lithium hydroxide monohydrate prices down 4
3.3 Lithium chloride prices stable 5
3.4 Lithium metal prices decline 5
3.5 Lithium cobalt oxide prices decrease 6
3.6 NCM prices stable 6
4 Import and export data 6
4.1 China’s lithium carbonate imports significantly up by 59.5% YOY in H1 of 2017 6
4.2 China’s lithium hydroxide exports up by 119.2% YOY in H1 2017 8
5 Output data 9
5.1 China’s lithium carbonate output up by 31.5% MOM in July 9
5.2 China’s lithium hydroxide monohydrate output up by 15.3% MOM in July 2017 10
6 Market outlook 10

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

Table Content
Table 1 Chinese lithium carbonate imports in June 2017 7
Table 2 Chinese lithium hydroxide exports in June 2017 8

.Asian Metal Copyright6 NCM prices stable 6 4 Import and export data 6 4Asian Metal Copyright