Monthly Lithium Market Report Oct 2017

Contents

1. Market Highlights 3
2. Company News 3
2.1 Youngy Metal’s lithium cobalt oxide output increase in October 3
2.2 Yantai Zhuoneng to put NCM into production 3
2.3 Tibet Urban Development plans to expand lithium carbonate production in 2018 3
2.4 Easpring Material Technology makes small scale production of high nickel NCM811 3
3 Chinese Market 3
3.1 Economy and Policy 3
3.1.Asian Metal Copyright002max, price trend from Sep to Oct 2017 RMBt 4 Graph 4 Chinese lithium hydroxide 56.Asian Metal Copyright1 China's GDP expands 6.9% in first 3 quarters 3
3.1.Asian Metal Copyright002max, price trend from Sep to Oct 2017 RMBt 4 Graph 5 Chinese LiCl 99.Asian Metal Copyright2 China's Manufacturing PMI is 51.6 in October 3
3.2 Market Movements 4
3.2.1 Lithium carbonate prices continue to pick up 4
3.2.2 Lithium hydroxide monohydrate prices up further 4
3.2.3 Lithium chloride prices up 4
3.2.4 Lithium metal prices up 5
3.2.5 Lithium cobalt oxide prices up 5
3.2.6 NCM prices up further 5
4. Producers Statistics 6
4.1 China’s lithium carbonate output up by 16.8% MOM in October 6
4.2 China’s lithium hydroxide monohydrate output up by 4.8% MOM in October 2017 6
5. Customs Statistics 7
5.1 China’s lithium carbonate imports up by 24.7% MOM in September 2017 7
5.2 China’s lithium hydroxide exports sharply up by 167.4% YOY in September 2017 8
6. Relevant Industry News 9
6.1 Sales of new energy vehicles rose by 106.7% in October YOY 9
6.2 Dynavolt Tech to spend RMB100 million to set up a new energy vehicle subsidiary 9
6.3 Nanyang Science and Technology's lithium battery separator products still in medium medium-scale test stage 9
6.4 Lithium-ion battery cathode material industry booming in Ulanqab 9
6.5 Sales of 296 million units for Dongfeng new energy vehicles from Jan to Oct 10
6.7 Ganfeng Lithium's capacity fails to meet market demand 10
7 Market Outlook for November 10
7.1 Lithium carbonate 10
7.2 Lithium hydroxide monohydrate 10
7.3 lithium chloride and lithium metal 10
7.4 lithium cobalt oxide 10
7.5 NCM 10

Graph contents

Graph 1 Chinese lithium carbonate 99.5%min price trend from Sep to Oct 2017 (RMB/t) 4
Graph 2 Chinese lithium carbonate 99%min price trend from Sep to Oct 2017 (RMB/t) 4
Graph 3 Chinese lithium hydroxide 96%min, Na 0.002max, price trend from Sep to Oct 2017 (RMB/t) 4
Graph 4 Chinese lithium hydroxide 56.5%min, Na 0.002max, price trend from Sep to Oct 2017 (RMB/t) 4
Graph 5 Chinese LiCl 99.3%min Na0.003%max price trend from Sep to Oct 2017 (RMB/t) 4
Graph 6 Chinese lithium metal 99.9%min price trend from Sep to Oct 2017（RMB/t） 5
Graph 7 Chinese lithium metal 99%min price trend from Sep to Oct 2017 (RMB/t) 5
Graph 8 Chinese lithium cobalt oxide 60%min price trend from Sep to Oct 2017 (RMB/kg) 5
Graph 9 Chinese NCM 523 price trend from Sep to Oct 2017 (RMB/kg) 6
Graph 10 Chinese NCM 523 precursor price trend from Sep to Oct 2017 (RMB/kg) 6
Graph 11 China's battery grade lithium carbonate output by month from Jan 2016 to Oct 2017 (ton) 6
Graph 12 China’s lithium carbonate output by major region from Jan 2016 to Oct 2017 (ton) 6
Graph 13 China's lithium hydroxide monohydrate output by month from Jan 2016 to Oct 2017 (ton) 6
Graph 14 China’s lithium carbonate imports by month from Jan 2016 to Sep 2017 (ton) 7
Graph 15 China’s lithium carbonate imports by county from Jan 2016 to Sep 2017 (ton) 7
Graph 16 China’s lithium hydroxide exports by month from Jan 2016 to Sep 2017 (ton) 8
Graph 17 China’s monthly exports for lithium hydroxide by major country from Jan 2016 to Sep 2017 (ton) 8


Table Contents

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


.Asian Metal Copyright2 Dynavolt Tech to spend RMB100 million to set up a new energy vehicle subsidiary 9 6Asian Metal Copyright