Qinghai Dongtai Jinaier Salt Lake Lithium Resources plans to put lithium carbonate into production in Q3 2018
2018-05-17 11:25:05 [Print]
BEIJING (Asian Metal) 17 May 18 - Qinghai Dongtai Jinaier Salt Lake Lithium Resources Co., Ltd. expects to put its 10,000tpy lithium carbonate production lines into operation in August, a source from the company disclosed.
Located in Geermu, Qinghai, the company began to construct lithium carbonate production lines from late June 2017 with a total investment of RMB520 million and a planned capacity of 10,000tpy. It will mainly be engaged in lithium carbonate 99%min production and will put lithium carbonate 99.5%min into production later. Although prices for lithium carbonate moved down, the company is still constructing the production lines according to schedule because it expects the new energy power market would enjoy a sound development. The source said, "In the past, salt lake brine was handed over to other enterprises for processing, but now we will launch our own production business of lithium salts."
Currently, prices for Chinese lithium carbonate 99%min and 99.5%min hold at RMB128,000-135,000/t (USD20,092-21,191/t) and RMB138,000-144,000/t (USD21,688-22,631/t), both unchanged from last week.
Located in Geermu, Qinghai, the company began to construct lithium carbonate production lines from late June 2017 with a total investment of RMB520 million and a planned capacity of 10,000tpy. It will mainly be engaged in lithium carbonate 99%min production and will put lithium carbonate 99.5%min into production later. Although prices for lithium carbonate moved down, the company is still constructing the production lines according to schedule because it expects the new energy power market would enjoy a sound development. The source said, "In the past, salt lake brine was handed over to other enterprises for processing, but now we will launch our own production business of lithium salts."
Currently, prices for Chinese lithium carbonate 99%min and 99.5%min hold at RMB128,000-135,000/t (USD20,092-21,191/t) and RMB138,000-144,000/t (USD21,688-22,631/t), both unchanged from last week.
Lithium Carbonate 99.5%min Delivered US
Unit:USD/kg
China lithium carbonate 99%min producers' operating rate statistics by province by month
Unit: %
