Monthly Lithium Market Report November 2018

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese economy 3
2.1.1 Xinhua News Agency expects global economy to grow at a lower rate in 2019 3
2.2 International economy 3
2.2.Asian Metal Copyright0001max from Oct to Nov 2018 RMBt 4 Graph 4 Price trend of Chinese lithium hydroxide 56.Asian Metal Copyright1 U.Asian Metal Copyright1.Asian Metal CopyrightS. exchange rate tends to stabilize 3
2.2.2 FED ready to increase interest rate again 3
2.2.Asian Metal Copyright4 BYD new energy auto sales amount to 171,100 from Jan to Oct 7 4.Asian Metal Copyright3 U.Asian Metal Copyright3 U.Asian Metal CopyrightS. to increase tariffs upon cars imported from China 3
3. Market Movements 3
3.1 Chinese market 3
3.1.1 Lithium carbonate prices first up and then stabilize 3
3.1.2 Prices for lithium hydroxide monohydrate down further 4
3.1.3 Prices for lithium chloride down slightly 4
3.1.4 Prices for lithium metal down 4
3.1.5 Prices for lithium cobalt oxide drop further 5
3.1.6 Prices for Chinese NCM down slightly 5
3.1.7 Prices for lithium manganese oxide down slightly 6
3.2 International market 6
3.2.1 Spodumene CIF prices down 6
3.2.2 CIF prices for Chinese lithium carbonate down 7
3.2.3 FOB prices for Chinese lithium hydroxide monohydrate down 7
4. Company News 7
4.1 GEM: Sales of precursor expected to exceed 40,000t in 2018 7
4.2 Honda and GAC to establish new energy auto plant 7
4.3 Qinghai Dongtaijinaier lithium carbonate project succeeds in trial production 7
4.4 BYD new energy auto sales amount to 171,100 from Jan to Oct 7
4.5 Jiangxi Nanshi Lithium initiates construction of lithium hydroxide project 8
4.6 Jiangsu Xiangying to see fewer ternary material output 8
4.7 Altura Mining inks spodumene concentrate offtake agreement with GFL International 8
5. Producers Statistics 8
5.1 China's lithium carbonate output up by 0.2% MOM in Oct 8
5.2 China's lithium hydroxide output up by 30.4% MOM in Nov 9
5.3 China's lithium cobalt oxide output down by 14.2% MOM in Nov 9
5.4 China's NCM output down by 4.9% MOM in Nov 2018 9
6. Relevant Industry News 10
6.1 3C electronics market 10
6.2 Power car market 10
6.3 Aerospace and medicine industries 10
7. Market Outlook for Next Month 10
7.1 Spodumene 10
7.2 Lithium carbonate 10
7.3 Lithium hydroxide monohydrate 10
7.4 Lithium chloride 10
7.5 Lithium metal 10
7.6 Lithium cobalt oxide 10
7.7 NCM 11
7.8 Lithium manganese oxide 11

Graphs
Graph 1 Price trend of Chinese lithium carbonate 99.5%min from Oct to Nov 2018 (RMB/t) 3
Graph 2 Price trend of Chinese lithium carbonate 99%min from Oct to Nov 2018 (RMB/t) 3
Graph 3 Price trend of Chinese lithium hydroxide monohydrate 56.5%min, magnetic substance 0.0001max from Oct to Nov 2018 (RMB/t) 4
Graph 4 Price trend of Chinese lithium hydroxide 56.5%min from Oct to Nov 2018 (RMB/t) 4
Graph 5 Price trend of Chinese lithium chloride LiCl 99.3%min from Oct to Nov 2018 (RMB/t) 4
Graph 6 Price trend of Chinese lithium metal 99.9%min from Oct to Nov 2018 (RMB/t) 5
Graph 7 Price trend of Chinese lithium metal 99%min from Oct to Nov 2018 (RMB/t) 5
Graph 8 Price trend of Chinese lithium cobalt oxide 60%min from Oct to Nov 2018 (RMB/kg) 5
Graph 9 Price trend for Chinese NCM 523 from Oct to Nov 2018 (RMB/kg) 5
Graph 10 Price trend for Chinese NCM precursor 523 precursor from Oct to Nov 2018 (RMB/t) 6
Graph 11 Price trend for Chinese NCM 622 from Oct to Nov 2018 (RMB/kg) 6
Graph 12 Price trend for Chinese NCM precursor 622 from Oct to Nov 2018 (RMB/kg) 6
Graph 13 Price trend of Chinese lithium manganese oxide 58%min from Oct to Nov 2018 (RMB/t) 6
Graph 14 Price trend of spodumene 5-6% in China from Oct to Nov 2018 (USD/t) 6
Graph 15 CIF price trend for lithium carbonate 99.5%min in China from Oct to Nov 2018 (USD/kg) 7
Graph 16 FOB price trend for Chinese lithium hydroxide monohydrate 56.5%min, magnetic substance 0.0001max from Oct to Nov 2018 (USD/kg) 7
Graph 17 China's battery grade lithium carbonate output from Jan 2017 to Nov 2018 by month (t) 8
Graph 18 China's industrial grade lithium carbonate output from Jan 2017 to Nov 2018 by month (t) 8
Graph 19 China's monthly output of lithium hydroxide from Jan 2017 to Nov 2018 (t) 9
Graph 20 China's lithium cobalt oxide output from Jan 2017 to Nov 2018 (ton) 9
Graph 21 China's NCM output from Jan 2017 to Nov 2018 (ton) 9


.Asian Metal Copyright4 BYD new energy auto sales amount to 171,100 from Jan to Oct 7 4Asian Metal Copyright