Lithium Industry Annual Report 2017

Contents

1. Introduction of Lithium Industry 3
1.1 Physical properties of lithium 3
1.2 Applications of lithium 3
2. Economy and Policy 3
2.1 China's economy and policy 3
2.1.1 MIIT to accelerate implementation of interim management measures for power battery recycling and utilization 3
2.1.2 Fourth round of central environmental inspection to begin 3
2.2 International economy and policy 3
2.2.1 FRB increases interest rate for three times in 2017 3
3. Market Movements 3
3.1 Chinese market 3
3.1.1 Prices for Chinese lithium carbonate pick up gradually 3
3.1.2 Prices for Chinese lithium hydroxide monohydrate down 4
3.1.3 Prices for Chinese lithium chloride up 5
3.1.4 Prices for Chinese lithium metal up 5
3.1.5 Prices for Chinese lithium cobalt oxide remain at high level 6
3.1.6 Prices for Chinese ternary material up 6
4. Producers Statistics 7
4.1 Chinese lithium carbonate output up by 49.9% YOY in 2017 7
4.2 China's lithium carbonate capacity to rise by 49.5% in 2018 7
4.3 Chinese lithium hydroxide monohydrate output up by 12.7% YOY in 2017 7
4.4 China produces 70,900t of lithium cobalt oxide in 2017 7
4.5 China's ternary material output sits at 112,600t in 2017 8
5 Customs Statistics 8
5.1 Chinese lithium carbonate imports up by 40.7% YOY in 2017 8
5.2 Chinese lithium hydroxide exports sharply up by 97.2% YOY in 2017 9
5.3 China imports 3,358t of lithium chloride in 2017 10
6. Relevant Industry News 11
6.1 The first batch of spodumene concentrate shipped in Mt Marion project 11
6.2 Ningde to forge the largest lithium battery new energy industry base 11
6.3 Tianqi Lithium gives up acquiring stocks from SQM and Lockwood 11
6.4 Mineral Resources discloses update results of Wodgina project 11
6.5 Yabao's lithium output to double 12
6.6 The formulation Safe Production specification for Lithium Ion Battery Enterprises to launch 12
6.7 Ganfeng lithium's wholly-owned subsidiary acquires 5% of stocks in Pilbara with USD20 million 12
6.8 SQM increases the production line of lithium salt because of the demand growth. 12
6.9 Guoxuan High-Tech signs contract with Beijing New Energy Automobile 12
6.10 Total capacity of EVE Energy to reach 7GWh in Q3 12
6.11 Tianqi Lithium plans to double Australian lithium capacity 13
6.12 BCL and Jiangte Motor's subsidiary comapny set up Jiangxi Baojiang Lithium 13
6.13 Huayou Cobalt to invest RMB68.42 million in AVZ 13
6.14 China Minmetals Salt Lake speeds up industrialization of lithium extraction 13
6.15 BYD builds the largest E-bus plant in North America 13
6.16 LC plans to construct the largest lithium ion battery plant in Europe 13
6.17 Hengxinrong Lithium's 20,000tpy battery grade lithium carbonate project starts operation 13
6.18 CITIC Guoan Wine acquires Guoan Lithium and layout new energy automotive industry chain 13
6.19 Yahua Industrial Group launches the first phase of 20,000tpy lithium salt construct project 14
6.20 Volkswagen plans to produce pure electric cars in German's factories. 14
6.21 Tesla successfully installs the world's largest lithium-ion battery. 14
6.22 Ganfeng Lithium to construct pilot production line on first-generation solid Li-battery 14
6.23 BYD: Passenger cars to be equipped with NCM lithium battery in 2018 14
7. Market Outlook for Next Year 14

Graph Contents

Graph 1 Chinese lithium carbonate 99.5%min price trend in 2017 4
Graph 2 Chinese lithium carbonate 99%min price trend in 2017 4
Graph 3 Chinese lithium hydroxide 96%min, Na 0.002max price trend in 2017 4
Graph 4 Chinese lithium hydroxide 56.5%min, Na 0.002max price trend in 2017 5
Graph 5 Chinese LiCl 99.3%min Na0.003%max price trend in 2017 5
Graph 6 Chinese lithium metal 99.9%min price trend in 2017 5
Graph 7 Chinese lithium metal 99%min price trend in 2017 5
Graph 8 Chinese lithium cobalt oxide 60%min price trend in 2017 6
Graph 9 Chinese NCM 523 price trend in 2017 6
Graph 10 Chinese NCM 523precursor price trend in 2017 6
Graph 11 Chinese battery grade lithium carbonate output from Jan 2016 to Dec 2017 7
Graph 12 Chinese lithium hydroxide output from Jan 2016 to Dec 2017 7
Graph 13 Chinese lithium carbonate imports from Jan 2016 to Dec 2017 8
Graph 14 Chinese lithium carbonate imports by country from Jan 2016 to Dec 2017 8
Graph 15 Major lithium carbonate sources for China in 2017 9
Graph 16 Chinese lithium hydroxide exports from Jan 2016 to Dec 2017 9
Graph 17 Chinese lithium hydroxide exports by country from Jan 2016 to Dec 2017 10
Graph 18 Major importers of Chinese lithium hydroxide in 2017 10
Graph 19 Chinese lithium hydroxide exports from 2009 to 2017 10
Graph 20 Major importers of Chinese lithium chloride in 2017 10

Chart Contents

Chart 1 Statistics of Chinese lithium carbonate producers' capacity 7
Chart 2 Distribution of Chinese lithium cobalt oxide capacity 8
Chart 3 The distribution of Chinese ternary material capacity is as follows 8
Chart 4 Statistics of Chinese lithium carbonate importers in 2017 9
Chart 5 Statistics of Chinese lithium hydroxide exporters in 2017 10
Chart 6 Statistics of Chinese lithium chloride importers in 2017 11


.Asian Metal Copyright42 million in AVZ 13 6Asian Metal Copyright