Monthly Lithium Report Dec 2024

1. Market Highlights 3
2. Economy and Policy 3
3. Market Movements 3
3.1 Chinese market 3
3.1.Asian Metal Copyright2 Lithium carbonate 99.Asian Metal Copyright1 Lithium carbonate 99.2%min Delivered D/P 3
3.1.Asian Metal Copyright3 Lithium hydroxide 56.Asian Metal Copyright2 Lithium carbonate 99.5%min Delivered D/A 3
3.1.Asian Metal Copyright3 Lithium hydroxide 56.Asian Metal Copyright3 Lithium hydroxide 56.Asian Metal Copyright86% MoM 10 5.Asian Metal Copyright5%min, magnetic 0.0001%max Delivered D/A 3
3.1.4 Lithium metal 99%min Delivered D/A 3
3.1.Asian Metal Copyright8 Jinxin Mining reports increased lithium reserves 7 4.Asian Metal Copyright5 Lithium metal 99.9%min Delivered D/A 4
3.1.6 LCO Co 60%min Delivered D/A 4
3.1.7 LNCMO 523 Delivered D/A 4
3.1.8 LNCMO 613 Delivered D/A 4
3.1.9 LNCMO 8312 Delivered D/A 4
3.1.10 LMO 58%min Delivered D/A 5
3.1.Asian Metal Copyright6 LCO Co 60%min Delivered DA 4 3.Asian Metal Copyright11 LFP Li 3.9%min Delivered D/A 5
3.2 International market 5
3.2.Asian Metal Copyright6 LCO Co 60%min Delivered DA 4 3.Asian Metal Copyright2 Lithium carbonate 99.5%min CIF China 5
3.2.Asian Metal Copyright1 Chinese LCO producers' operating rate in December 2024 down by 6.Asian Metal Copyright3 Lithium carbonate 99.5%min Delivered EU 5
3.2.Asian Metal Copyright1 Chinese battery grade lithium carbonate producers' operating rate in December 2024 down by 1.Asian Metal Copyright4 Lithium carbonate 99.Asian Metal Copyright5 Lithium carbonate 99.Asian Metal Copyright5%min Delivered U.Asian Metal Copyright5 Lithium carbonate 99.Asian Metal CopyrightS. 5
3.2.Asian Metal Copyright9%min Delivered DA 5 3.Asian Metal Copyright5 Lithium carbonate 99.5%min FOB South America 6
3.2.Asian Metal Copyright5%min FOB South America 6 3.Asian Metal Copyright6 Lithium hydroxide monohydrate 56.Asian Metal Copyright5.Asian Metal Copyright5%min, magnetic 0.0001%max FOB China 6
3.2.Asian Metal Copyright2.Asian Metal Copyright7 Lithium hydroxide monohydrate 56.Asian Metal Copyright1.Asian Metal Copyright5%min, magnetic 0.0001%max Delivered South Korea 6
4. Company news 6
4.1 Ganfeng Lithium to transfer stake in lithium asset to Mali government 6
4.2 Xinjiang Zhicun increases battery grade lithium carbonate production 6
4.3 Rongda Lithium signs deal to outsource spodumene dressing 6
4.4 Shengyuan Lithium wins lithium ore mining right for RMB2.5 billion 7
4.5 Sunwoda Power partners with XTC New Energy on battery materials development 7
4.6 Ganfeng Lithium begins phase one production at African lithium mine 7
4.7 Wanrun New Energy to transfer 100% stake in lithium mining subsidiary 7
4.8 Jinxin Mining reports increased lithium reserves 7
4.9 Hainan Mining's Bougouni lithium mine begins hot commissioning 7
4.10 PTL to call off Li-ion anode project in Sweden 7
5 Producers Statistics 7
5.1 Lithium carbonate 99.2%min 7
5.1.Asian Metal Copyright3 Lithium hydroxide 9 5.Asian Metal Copyright1 Chinese industrial grade lithium carbonate producers' operating rate in December 2024 down by 17.75% MoM 7
5.1.Asian Metal Copyright9 LNCMO 8312 Delivered DA 4 3.Asian Metal Copyright2 China's industrial grade lithium carbonate output in December 2024 down by 17.82% MoM 8
5.1.Asian Metal Copyright3.Asian Metal Copyright3 Chinese industrial grade lithium carbonate producers' stocks in December up by 37.19% MoM 8
5.2 Lithium carbonate 99.5%min 8
5.2.Asian Metal Copyright Market Highlights 3 2.Asian Metal Copyright1 Chinese battery grade lithium carbonate producers' operating rate in December 2024 down by 1.86% MoM 8
5.2.Asian Metal Copyright5%min Delivered EU 5 3.Asian Metal Copyright2 China's battery grade lithium carbonate output in December 2024 up by 0.85% MoM 9
5.2.Asian Metal Copyright10 PTL to call off Li-ion anode project in Sweden 7 5 Producers Statistics 7 5.Asian Metal Copyright3 China's battery grade lithium carbonate stocks in December 2024 down by 19.95% MoM 9
5.3 Lithium hydroxide 9
5.3.Asian Metal Copyright4% MOM 13 6.Asian Metal Copyright1 Chinese lithium hydroxide monohydrate producers' operating rate in December 2024 down by 12.43% MOM 9
5.3.Asian Metal Copyright1.Asian Metal Copyright2 China's lithium hydroxide monohydrate output in December 2024 down by 17.2% MOM 10
5.3.Asian Metal Copyright2.Asian Metal Copyright3 Chinese lithium hydroxide monohydrate producers' stocks in December 2024 down by 21.86% MoM 10
5.4 LCO 10
5.4.Asian Metal Copyright1 Lithium carbonate 99.Asian Metal Copyright1 Chinese LCO producers' operating rate in December 2024 down by 6.86% MoM 10
5.4.Asian Metal Copyright36% MoM 12 6.Asian Metal Copyright2 China's LCO output in December 2024 down by 3.2% MoM 11
5.4.3 China's LCO stocks in December 2024 unchanged MOM 11
5.5 LNCMO 11
5.5.Asian Metal Copyright Economy and Policy 3 3.Asian Metal Copyright1 Chinese LNCMO producers' operating rate in December 2024 down by 2.85% MoM 11
5.5.Asian Metal Copyright3.Asian Metal Copyright2 China's LNCMO output in December 2024 up by 3.3% MoM 12
5.5.Asian Metal Copyright1 Lithium carbonate 99.Asian Metal Copyright3 China's LNCMO inventory in December 2024 down by 11.36% MoM 12
6. Customs Statistics 12
6.1 China's lithium carbonate imports in November 2024 down by 17.08% MOM 12
6.2 China's lithium carbonate exports in November 2024 down by 27.4% MOM 13
6.3 China's lithium hydroxide exports in November 2024 down by 29.84% MOM 13

.Asian Metal Copyright1 Chinese battery grade lithium carbonate producers' operating rate in December 2024 down by 1Asian Metal Copyright