GEM: NCM precursor and cobalt tetroxide facilities both in full capacity production
2021-02-01 18:04:32 [Print]
GEM revealed recently that in the just beginning year of 2021, with the NEW industry recovering vigorously, the company's NCM precursor and cobalt tetroxide production facilities are both in full capacity operation, and orders the company has received are enough to enable the company to fulfill its whole-year production goals and have been precisely scheduled for each quarter. GEM expects that its NCM precursor sales in 2021 to reach 100,000t with high-nickel proportion growing quickly and power-type proportion likely to excel 85%; and cobalt tetroxide sales in 2021 are expected to reach 24,000t with Q1 sales to be 4,500t and H1 sales to excel 10,000t.
Lithium Hydroxide Monohydrate LiOH 56.5%min Delivered China
Unit:RMB/mt
China lithium nickel cobalt manganese oxide producers' inventory statistics by province by month
Unit: mt
