Lithium Market Report March

Content
Abstract 3
1 Industry news 3
1.1 SQM reports Q4 and full year 2016 earnings 3
1.2 Albemarle to double lithium production at Greenbushes Mine 3
1.3 Hefei Guoxuan enters into 3GWh cylindrical battery project agreement 3
1.4 Third promotion directory of new energy vehicles publishes 4
2 Company news 4
2.1 Gaoyuan Lithium increases lithium hydroxide capacity by 10,000tpy 4
2.2 Changzhou PowerGenie Advanced Materials’ lithium cobalt oxide output sharply down 4
2.3 Ganfeng Lithium raises lithium carbonate capacity to 25,000tpy 4
3 Domestic market review 4
3.1 Battery grade lithium carbonate prices rebound further 4
3.2 Lithium hydroxide prices edge up 5
3.3 Lithium chloride prices up accordingly 5
3.4 Lithium metal prices up significantly 6
3.5 Lithium cobalt oxide prices stable at high levels 6
3.6 NCM prices rebound continuously 6
4 Import and export data 7
4.1 China’s lithium carbonate imports up by 22% MOM in Feb 2017 7
4.2 China’s lithium hydroxide exports down by 53% MOM in Feb 8
5 Output statistics 8
5.1 China’s lithium carbonate output significantly up by 50% MOM in Mar 8
6 Market outlook 9

Graph Content
Graph 1 Chinese lithium carbonate 99.5%min price trend from Feb to Mar 2017 5
Graph 2 Chinese lithium carbonate 99%min price trend from Feb to Mar 2017 5
Graph 3 Chinese lithium hydroxide 96%min, Na 0.002max, price trend from Feb to Mar 2017 5
Graph 4 Chinese lithium hydroxide 56.5%min, Na 0.002max, price trend from Feb to Mar 2017 5
Graph 5 Chinese LiCl 99.3%min Na0.003%max price trend from Feb to Mar 2017 5
Graph 6 Chinese lithium metal 99.9%min price trend from Feb to Mar 2017 6
Graph 7 Chinese lithium metal 99%min price trend from Feb to Mar 2017 6
Graph 8 Chinese lithium cobalt oxide 60%min price trend from Feb to Mar 2017 6
Graph 9 Chinese NCM 523 price trend from Feb to Mar 2017 6
Graph 10 Chinese NCM 523 precursor price trend from Feb to Mar 2017 7
Graph 11 China’s lithium carbonate imports by month from Jan 2016 to Feb 2017 7
Graph 12 China’s lithium hydroxide exports by month from Jan 2016 to Feb 2017 8
Graph 13 China’s battery grade lithium carbonate output by month 9
Graph 14 China’s industrial grade lithium carbonate output by month 9

Table content
Table 1 China’s lithium carbonate imports in Feb 2017 7
Table 2 China’s lithium hydroxide exports in Feb 2017 8

.Asian Metal Copyright2 Changzhou PowerGenie Advanced Materials’ lithium cobalt oxide output sharply down 4 2Asian Metal Copyright