Global lithium prices are expected to decrease until 2025, and lithium carbonate prices will continue to decline.

Although new energy vehicles demand grows rapidly, but lithium product price will remain being low.

According to a report on June 11, according to the supply of lithium tide continues to develop, the price is expected to remain weak until 2025.Analysts said that if not restricted by production discipline and transform ability, capacity growth in new projects and existing producers may exceed strong demand growth. Industry estimates, excess production capacity will reach the peak in 2022.

Professionals predict that in 2018, China's new production projects of lithium carbonate new supply will reach 33000 tons, but China's new energy vehicles power battery industry demand for lithium cobalt increment for 8100 tons of lithium carbonate equivalent, fell by 32.5% year on year. Therefore, lithium carbonate in China market in 2018 will be a glut.

At present, the world's proven lithium resources reserves of about 374 million tons of lithium carbonate (us), Chile country's lithium reserves accounted for only 51.83% of global share, China, Argentina, and Australia reserves accounted for 22.12%, 13.82% and 13.82% respectively, the four countries together accounted for 99% of the world's total proven reserves. China's proven lithium resources (lithium carbonate) reserves of about 75.44 million tons, among them, the proportion of saline lake lithium resources of 80-85%, of which 90% storage allocated about and lakes in Tibet.

The industry analysis, as a result of Qinghai salt lake's capacity is less than expected, the second half of this year, lithium carbonate prices will remain above 100000 yuan/ton.

Previously, the industry had expected Qinghai salt lake will start in 2019, rare peatlands, lithium carbonate prices will continue to drop, drop to 8-90000 yuan/ton.

Analyzes believed that the day his LiYe and Jiangxi feng LiYe has long billing, inventory pressure is limited, offer remain above 130000 yuan/ton, but small and medium-sized suppliers by traders to cast goods and industrial lithium carbonate prices decline, decline in orders, inventory pressures, forced to fall.

Sky LiYe in May answer questions from investors, through technical upgrading and capacity expansion, is expected to increase by about 20% compared to the same output. Among them, the battery lithium carbonate products accounted for about 80%, lithium carbonate, lithium hydroxide products will be full production run. In addition the incremental mainly comes from the metal lithium, actual production capacity is expected to 100 tons/year of ascension from the past to 600 tons/year.

According to Tianqi Lithium has disclosed plans for production capacity, its expected around 2020, lithium chemical products production capacity will reach 100000 tons/year. At present, the first phase of investment in Australia Tianqi lithium hydroxide project scheduled to be completed by the end of 2018, 2019 start climbing capacity of project process remain unchanged.

MtMarion, a giant lithium enterprise, produced 400,000 tons lithium concentrate in 2017. In lithium chemicals, the effective production capacity of lithium carbonate is 18500 tons, while that of lithium hydroxide is 8000 tons. The new production capacity of lithium hydroxide is 20,000 tons and lithium carbonate is 17500 tons in 2018. Both will be gradually put into production in 2018.

The page contains the contents of the machine translation.