Lithium Market Report April 2017

Table of contents
Abstract 2
1 Industrial news 2
1.1 The wholly-owned subsidiary of Ganfeng Lithium acquires equity of Pilbara 2
1.2 Nemaska Lithium ready to deliver first shippment of lithium hydroxide from Phase 1 Plant to customer 2
1.3 Pilbara Minerals to farm into Atlas lithium asset 2
1.4 Electric vehicle lithium battery production project settles in Chongqing 2
2 Company news 3
2.1 Qinghai Lithium expects to raise capacity by 50% at the end of 2017 3
2.2 Qinghai Hengxinrong Lithium’s lithium carbonate production line to go into operation late this year 3
2.3 Honglida realizes full capacity for lithium metal 3
3 Domestic market review 3
3.1 Battery grade lithium carbonate prices rise further 3
3.2 Lithium hydroxide prices stable 3
3.3 Lithium chloride prices rose slightly 4
3.4 Lithium metal prices rebound significantly 4
3.5 Lithium cobalt oxide prices relatively stable 5
3.6 NCM prices stable 5
4 Import and export data 5
4.1 China’s lithium carbonate imports down by 21% MOM in March 2017 5
4.2 China’s lithium hydroxide exports up by 234% MOM in March 6
5 Output statistics 8
5.1 China’s lithium carbonate output down by 9.3% MOM in April 8
5.2 China’s lithium hydroxide output up by 2.0% MOM in April 8
6 Market outlook 8

Chart list
Chart 1 Chinese lithium carbonate 99.5%min price trend from Mar to Apr 2017 (RMB/t) 3
Chart 2 Chinese lithium carbonate 99%min price trend from Mar to Apr 2017 (RMB/t) 4
Chart 3 Chinese lithium hydroxide 96%min, Na 0.002max, price trend from Mar to Apr 2017 (RMB/t) 4
Chart 4 Chinese lithium hydroxide 56.5%min, Na 0.002max, price trend from Mar to Apr 2017 (RMB/t) 4
Chart 5 Chart 5 Chinese LiCl 99.3%min Na0.003%max price trend from Mar to Apr 2017 (RMB/t) 4
Chart 6 Chinese lithium metal 99.9%min price trend from Mar to Apr 2017 (RMB/t) 5
Chart 7 Chinese lithium metal 99%min price trend from Mar to Apr 2017 (RMB/t) 5
Chart 8 Chinese lithium cobalt oxide 60%min price trend from Mar to Apr 2017 (RMB/kg) 5
Chart 9 Chinese NCM 523 price trend from Mar to Apr 2017 5
Chart 10 Chinese NCM 523 precursor price trend from Mar to Apr 2017 (RMB/kg) 6
Chart 11 China’s lithium carbonate imports by month from Jan 2016 to Mar 2017 (t) 6
Chart 12 China’s lithium hydroxide exports by month from Jan 2016 to Mar 2017 (t) 7
Chart 13 China’s battery grade lithium carbonate output by month from Jan 2016 to Apr 2017(t) 8
Chart 14 China’s industrial grade lithium carbonate output by month from Jan 2016 to Apr 2017 (t) 8
Chart 15 China’s industrial grade lithium hydroxide output by month from 2016 to 2017 (t) 9

Table list
Table 1 China’s lithium carbonate imports in Mar 2017 6
Table 2 China’s lithium hydroxide exports in Mar 2017 7

.Asian Metal Copyright4 Lithium metal prices rebound significantly 4 3Asian Metal Copyright