Lithium Industry Annual Report 2018

Contents

1. Market Movement 3
2. Economy and Policy 3
2.1 Chinese economy and policy 3
2.1.1 Four Ministries announce new energy auto subsidies for 2018 3
2.1.2 Chinese government launches environmental acceptance checks 3
2.1.Asian Metal Copyright3 Youngy Group signs spodumene concentrate sale contract of RMB124 million 12 6.Asian Metal Copyright3 China hits back in U.Asian Metal Copyright5 LCO prices up first and down then 6 3.Asian Metal CopyrightS.-initiated trade conflicts 3
2.2 International economy and policy 3
2.2.1 The FED announces to raise interest rate 4
2.1.2 The United States signs a trade memorandum with China 4
3. Market Movement 4
3.1 Chinese Market Movements 4
3.1.1 Lithium carbonate prices down first and stable then 4
3.1.2 Lithium hydroxide monohydrate prices stabilize down 5
3.1.3 Lithium chloride prices down 5
3.1.4 Lithium metal prices down gradually 6
3.1.5 LCO prices up first and down then 6
3.1.6 NCM prices up first and down gradually then 6
3.1.7 LMO prices up first and down then 7
3.2 International Market Movements 8
3.2.1 Spodumene import prices down continuously in China 8
3.2.2 Lithium hydroxide import prices down in China 8
3.2.3 Export prices for Chinese lithium hydroxide up first and down then 8
4. Producers Statistics 9
4.1 China's lithium carbonate output up by 49.5% YOY in 2018 9
4.2 China's lithium hydroxide output up by 26.8% YOY in 2018 9
4.3 China's LCO output up by 1.5% YOY in 2018 9
4.4 China's NCM output up by 20.8% YOY in 2018 10
5. Customs Statistics 10
5.1 China's lithium carbonate imports down by 20.3% YOY in 2018 10
5.2 China's lithium hydroxide exports up by 40.7% YOY in 2018 10
5.3 China's lithium carbonate exports dramatically up by 318.3% YOY in 2018 11
5.4 China's NCM exports were 13,892t in 2018 11
5.5 China's NCM precursor exports were 46,609t in 2018 11
6. Company News 11
6.1 Chinese company news 11
6.1.1 Ganfeng Lithium put into operation 20,000tpy lithium hydroxide and 17,500tpy lithium carbonate projects in 2018 11
6.1.2 The subsidiary of Weihua Corporation signs a supply contract of 10,000t lithium carbonate 12
6.1.3 Youngy Group signs spodumene concentrate sale contract of RMB124 million 12
6.1.4 GEM to invest in power battery ternary material project 12
6.1.5 Ganfeng Lithium signs battery grade lithium hydroxide purchase contract with Tesla and LG Chem 12
6.1.6 Lanxiao Technology completes delivery of first production line of Zangge Lithium project 13
6.1.7 BYD: Expand ternary battery capacity to reach full capacity in Qinghai late 2019 13
6.1.8 JHD to invest into 1-million-ton spodumene project 13
6.1.9 Minmetals puts National New Energy Material Industrial Base Phase I into operation 13
6.2 International company news 13
6.2.1 Panasonic to work with Tesla again to build a super battery factory in China 13
6.2.2 Kidman to establish lithium processing plant with SQM 13
6.2.3 POSCO establishes JV companies of battery material with Huayou Cobalt 13
6.2.4 Panasonic and LG CHEM to increase Chinese battery plants' production capaicities 13
6.2.5 Altura Mining inks spodumene concentrate offtake agreement with GFL International 14
7. Supply and demand outlook in 2019 14

Graphs

Graph 1 Price trend for lithium carbonate 99.5%min in China in 2018 (RMB/t) 4
Graph 2 Price trend for lithium carbonate 99%min in China in 2018 (RMB/t) 5
Graph 3 Price trend for lithium hydroxide monohydrate 56.5%min, magnetic substance 0.0001%max in China in 2018 (RMB/t) 5
Graph 4 Price trend for lithium hydroxide monohydrate 56.5%min in China in 2018 (RMB/t) 5
Graph 5 Price trend for lithium chloride 99.3%min Na0.003%max in China in 2018 (RMB/t) 5
Graph 6 Price trend for lithium metal 99.9%min in China in 2018 (RMB/t) 6
Graph 7 Price trend for lithium metal 99%min in China in 2018 (RMB/t) 6
Graph 8 Price trend for lithium cobaltate 60%min in China in 2018 (RMB/kg) 6
Graph 9 Price trend for NCM 523 in China in 2018 (RMB/kg) 7
Graph 10 Price trend for NCM 622 in China in 2018 (RMB/kg) 7
Graph 11 Price trend for NCM precursor 523 in China in 2018 (RMB/t) 7
Graph 12 Price trend for NCM precursor 622 in China in 2018 (RMB/t) 7
Graph 13 Price trend for lithium manganese oxide in China in 2018 (RMB/t) 7
Graph 14 CIF price trend for spodumene 5-6%min in China in 2018 (USD/t) 8
Graph 15 CIF price trend for lithium carbonate 99.5%min in China in 2018 (USD/kg) 8
Graph 16 FOB price trend for lithium hydroxide monohydrate 56.5%min, magnetic substance 0.0001%max in China in 2018 (USD/kg) 8
Graph 17 China's battery grade lithium carbonate output from Jan 2017 to Dec 2018 by month (t) 9
Graph 18 China's lithium hydroxide output by month from Jan 2017 to Dec 2018 (t) 9
Graph 19 China's lithium cobaltate output from Jan 2017 to Dec 2018 by month (ton) 9
Graph 20 China's NCM output from Jan 2017 to Dec 2018 by month (ton) 10
Graph 21 China's lithium carbonate imports from Jan 2017 to Dec 2018 by month (t) 10
Graph 22 China's lithium hydroxide exports from Jan 2017 to Dec 2018 by month (t) 10
Graph 23 China's lithium hydroxide exports from 2009 to 2018 by year (t) 11
Graph 24 China's lithium carbonate exports from Jan 2017 to Dec 2018 by month (t) 11
Graph 25 China's NCM exports from Jan to Dec 2018 by month (t) 11
Graph 26 China's NCM precursor exports from Jan to Dec 2018 by month (t) 11

Tables

Table 1 National subsidy standard for pure EV in 2018 3
.Asian Metal Copyright2 China's lithium hydroxide output up by 26Asian Metal Copyright