Monthly Lithium Market Report January 2019

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 China-U.Asian Metal CopyrightS.Asian Metal CopyrightS. trade talks end 3
2.2 China trade delegation visits U.Asian Metal CopyrightContents 1.Asian Metal CopyrightS. 3
3. Market Movements 3
3.1 Chinese market 3
3.1.1 Lithium carbonate prices down further 3
3.1.2 Prices for lithium hydroxide monohydrate stabilize 3
3.1.3 Prices for lithium chloride fall back 4
3.1.4 Prices for lithium metal down 4
3.1.5 Prices for lithium cobaltate fall first and stabilize then 5
3.1.6 Prices for Chinese NCM down further 5
3.1.7 Prices for lithium manganese oxide stand still 6
3.2 International market 6
3.2.1 Spodumene CIF prices down 6
3.2.2 Lithium carbonate CIF prices down slightly in China 6
3.2.3 FOB prices for Chinese lithium hydroxide monohydrate stabilize 7
4. Company News 7
4.1 Jiangxi Ganfeng Lithium plans to raise NCM precursor capacity 7
4.2 Guizhou Zhenhua to expand single crystal LNCMO 523 production capacity 7
4.3 POSCO to Increase Lithium Production by 33% 7
4.4 LG Chem to build tow battery plants in China 8
4.5 Zangge Lithium puts lithium carbonate project into operation 8
4.6 CNGR plans to raise NCM precursor output 8
4.7 Guangxi Tianyuan to produce lithium hydrate 8
4.8 Yibin Libode to expand NCA and LNCMO 811 production capacity 8
4.9 Blossom Lithium to expand lithium hydrate production capacity 8
4.10 Zhejiang Zhuji Pawa to raise NCM precursor production 8
4.11 Beijing Easpring to expand LNCMO 811 production capacity 8
5. Producers Statistics 9
5.1 1.Asian Metal Copyright5 Zangge Lithium puts lithium carbonate project into operation 8 4.Asian Metal Copyright9% China's lithium carbonate output up by 1.9% MOM in Jan 9
5.2 China's lithium hydroxide output up by 6.5% MOM in Jan 9
5.3 China's lithium cobaltate output MOM by 3.9% MOM in Jan 9
5.4 China's NCM output up by 4.0% MOM in Jan 10
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 cobaltate 10
7.7 NCM 11
7.8 Lithium manganese oxide 11

Graphs
Graph 1 Price trend of Chinese lithium carbonate 99.5%min from Dec 2018 to Jan 2019 (RMB/t) 3
Graph 2 Price trend of Chinese lithium carbonate 99%min from Dec 2018 to Jan 2019 (RMB/t) 3
Graph 3 Price trend of Chinese lithium hydroxide monohydrate 56.5%min, magnetic substance 0.0001max from Dec 2018 to Jan 2019 (RMB/t) 4
Graph 4 Price trend of Chinese lithium hydroxide 56.5%min from Dec 2018 to Jan 2019 (RMB/t) 4
Graph 5 Price trend of Chinese lithium chloride LiCl 99.3%min from Dec 2018 to Jan 2019 (RMB/t) 4
Graph 6 Price trend of Chinese lithium metal 99.9%min from Dec 2018 to Jan 2019 (RMB/t) 4
Graph 7 Price trend of Chinese lithium metal 99%min from Dec 2018 to Jan 2019 (RMB/t) 5
Graph 8 Price trend of Chinese lithium cobaltate 60%min from Dec 2018 to Jan 2019 (RMB/kg) 5
Graph 9 Price trend for Chinese NCM 523 from Dec 2018 to Jan 2019 (RMB/kg) 5
Graph 10 Price trend for Chinese NCM precursor 523 precursor from Dec 2018 to Jan 2019 (RMB/t) 5
Graph 11 Price trend for Chinese NCM 622 from Dec 2018 to Jan 2019 (RMB/kg) 5
Graph 12 Price trend for Chinese NCM precursor 622 from Dec 2018 to Jan 2019 (RMB/kg) 6
Graph 13 Price trend of Chinese lithium manganese oxide 58%min from Dec 2018 to Jan 2019 (RMB/t) 6
Graph 14 Price trend of spodumene 5-6% in China from Dec 2018 to Jan 2019 (USD/t) 6
Graph 15 CIF price trend for lithium carbonate 99.5%min in China from Dec 2018 to Jan 2019 (USD/kg) 6
Graph 16 FOB price trend for Chinese lithium hydroxide monohydrate 56.5%min, magnetic substance 0.0001max from Dec 2018 to Jan 2019 (USD/kg) 7
Graph 17 China's battery grade lithium carbonate output from Jan 2018 to Jan 2019 by month (t) 9
Graph 18 China's industrial grade lithium carbonate output from Jan 2018 to Jan 2019 by month (t) 9
Graph 19 China's monthly output of lithium hydroxide from Jan 2018 to Jan 2019 (t) 9
Graph 20 China's lithium cobaltate output from Jan 2018 to Jan 2019 (ton) 9
Graph 21 China's NCM output from Jan 2018 to Jan 2019 (ton) 10


.Asian Metal Copyright3 FOB prices for Chinese lithium hydroxide monohydrate stabilize 7 4Asian Metal Copyright