Most popular companies expand lithium salt product

On the evening of March 29, Weihua announced that the first 13000 ton production line of the 40000 ton lithium salt project of Zhiyuan lithium, a wholly-owned subsidiary of the company, was officially put into operation. With the increasing demand for lithium carbonate, many listed companies began to establish lithium carbonate production lines and expand lithium salt production capacity. Industry insiders said that although there are many new production capacity this year, due to various factors, there are not many production capacity that can really be implemented, and the supply and demand of lithium carbonate in 2018 is still in a tight balance

the 10000 ton production line with fast construction speed

"the 13000 ton lithium salt project was fully started in June 2017 and only took 10 months to be completed and put into operation. This is a 10000 ton production line with fast construction speed across the country and even the world, and it is also a global leading production line in the field of basic lithium salt." Wang Tianguang, chairman of Weihua shares, told China Securities News

according to Wang Tianguang, this production line has achieved "six highs" in process design and equipment selection: high product quality, high degree of automation in the production process, high flexibility in raw material selection (able to adapt to different lithium ore raw materials), high degree of customization of products, high degree of energy saving and high degree of environmental protection and green

the company said that the smooth commissioning of the first production line of the 40000 ton lithium salt project of Zhiyuan lithium industry marked that the company's lithium salt business had made substantial progress, which was conducive to enhancing the company's profitability and competitive advantage. Youth is used to recall, and will have a positive impact on the company's future business performance. At the same time, the company will also focus on ensuring that the remaining capacity of the 40000 ton lithium salt project of Zhiyuan lithium will be completed and put into operation in 2018, so as to form a new profit growth point as soon as possible

in terms of raw material supply, Wang Tianguang said that in addition to the supply of Yabao lithium ore in the United States, the company has signed a long-term supply cooperation with another Australian enterprise, and Jinchuan Oyono mining, which is controlled by shengtun group, is expected to obtain a mining license by the end of this year. "In addition, we will also actively discuss lithium ore acquisition projects at home and abroad, so as to supply raw materials through various channels and ensure production."

according to China Securities News, the construction cycle of lithium carbonate projects generally takes one and a half years, and the equipment needs to be debugged in the later stage. The time is months, and then enter the ramp up stage of production capacity, in order to achieve full production. The announcement also said that it will take some time for the first production line of Zhiyuan lithium to reach full production capacity from the application capital line of the waste foam granulator, and there are still uncertainties about future market changes and whether the construction progress of the remaining capacity can be completed as expected

increase the layout of lithium salt production capacity

benefiting from the strong demand of the downstream lithium battery market, the price of upstream lithium products has risen all the way, becoming a "sweet cake" for all kinds of capital. After nearly two years of layout, many listed companies have successively established lithium salt production lines, and their production capacity has been expanded

the new annual report shows that Tianqi lithium currently has a lithium salt production capacity of 34000 tons/year, including 5000 tons of lithium hydroxide and 29000 tons of lithium carbonate. In addition, the first phase of the battery grade lithium hydroxide project built by the company in Australia is expected to be completed by the end of 2018, and the second phase is expected to be completed by the end of 2019. At the same time, Suining 20000 ton lithium carbonate project is about to start, and it is expected that the company's lithium salt production capacity will exceed 100000 tons by 2020

in terms of Ganfeng lithium industry, it is understood that by the end of 2017, the company's lithium salt processing capacity had been close to 40000 tons/year. Ganfeng lithium said on the interactive platform of Shenzhen Stock Exchange on February 25 that the company's new 20000 ton lithium hydroxide production line has been completed and put into operation, and is in the trial run stage. The 17500 ton lithium carbonate production line still under construction is planned to be put into operation in the fourth quarter of 2018. It is expected that the company's lithium salt processing capacity is expected to reach 7. 5% by the end of 2018 Impact specimen broaching machine: impact notch hydraulic broaching machine, electric double knife broaching machine csl-b, impact specimen notch electric (hydraulic) broaching machine, impact specimen notch manual broaching machine about 70000 tons

jiangte electric announced a few days ago that the annual output of 5000 tons of lithium carbonate production line of Yinli company, a subsidiary of the company, has reached the design requirements and successfully reached the production capacity. At the same time, the company recently said that the new production line has been started in August 2017, including the production of 10000 tons of lithium carbonate with lepidolite and 15000 tons of lithium carbonate with lithium concentrate. It is planned to be completed in the first half of this year. After completion, the company's lithium carbonate capacity will reach 30000 tons

Yahua group announced that according to the construction plan, the company will expand the production capacity of 40000 tons of lithium carbonate (lithium hydroxide) in two phases. At present, the company has 6000 tons of lithium hydroxide capacity of Xingsheng lithium (wholly-owned), 5000 tons of lithium hydroxide and 7000 tons of lithium carbonate capacity of Guoli lithium salt (56.26% shareholding), with a total capacity of 18000 tons. After the completion of phase I expansion, the company will have a lithium salt production capacity of 38000 tons

Xianfeng Holdings said on March 15 that according to the project construction plan, it will strive to build a 10000 ton lithium carbonate production line in the second half of 2019

in terms of lithium extraction from salt lakes, in September 2017, Zangger potash, a wholly-owned subsidiary of Zangger holdings, plans to invest in the establishment of a wholly-owned subsidiary Zangger lithium industry to carry out the construction of a 20000 ton lithium carbonate project, with a construction period of about 18 months. Zangger lithium said in January this year that it would strive to put into production in the second half of 2018

on December 27, 2017, Keda Jieneng and Salt Lake Co., Ltd. announced the capacity expansion plan at the same time. Lanke lithium (Keda Jieneng joint stock company) plans to expand the 20000 ton/year battery grade lithium carbonate project on the basis of the existing 10000 ton/year lithium carbonate device, and the production scale after expansion will reach 30000 ton/year lithium carbonate. Salt Lake Co., Ltd. plans to launch the 50000 T/a battery level lithium carbonate project. In addition to the expansion of the 20000 t/a battery level lithium carbonate project with Lanke lithium, it also includes the new 30000 T/a battery level lithium carbonate project with salt lake BYD

lithium salt supply remained tight in 2018

GF Securities Research Report shows that in 2018, the global lithium carbonate supply was 287900 tons, the demand was 252900 tons, and the excess was 35000 tons; The domestic lithium carbonate supply is 141300 tons, the demand is 145900 tons, and the supply gap is 45000 tons. In 2019, the supply is 193600 tons, the demand is 173600 tons, and the excess is 20000 tons. The supply of lithium carbonate was still in tight balance in 2018

according to the statistics of Shanghai Nonferrous Metals, the total planned lithium salt in 2018 reached 250500 tons, including 172500 tons of lithium carbonate and 78000 tons of lithium hydroxide

relevant companies are also optimistic about the future price trend of lithium carbonate. Tianqi's smooth function and results have also decreased significantly. Lithium industry previously said that the price of lithium carbonate is expected to be relatively stable before 2020, mainly due to the real growth of downstream demand, the high cost of new entrants and the formation of price support in the short term; After most of the production capacity is released from 2021 to 2023, the market supply and demand will reach a balance, and the price may be adjusted, but the possibility of cliff like decline is low

however, some institutions are cautiously skeptical about the large-scale progress of new projects. Shanghai Nonferrous Metals believes that in addition to the production capacity and production progress is questionable, in terms of raw materials, the current surplus raw materials are mainly lithium raw ore, and whether lithium carbonate made from raw ore can be widely used in the field of power cathode materials is still worth tracking. It predicts that in 2018, the new supply of lithium carbonate will not exceed 60000 tons, and the increase of lithium hydroxide supply will not exceed 50000 tons

Ju Guoxian, chief analyst of nonferrous metals at GF Securities, said that the price of lithium continued to rise, enterprises have deployed lithium resources and lithium salt processing, and the planned capacity on the balance sheet is abundant; However, there are uncertainties in the real release time, output, product quality and continuous stability of new capacity (especially lithium extraction from Salt Lake and mica). Considering key factors such as environmental protection standards, construction cycle and customer certification, combined with the historical capacity release progress of the industry, it is expected that the global lithium mineral resources and lithium salt processing capacity will be concentrated in the third quarter of 2018, and the overall supply increment this year is limited

in addition, Ju Guoxian pointed out that due to the high sensitivity to changes in the supply of high-end battery grade lithium salt products that are sustainable, stable, high-quality and reliable, high impurities of lithium in salt lakes, low grade spodumene, mismatch of lithium mine capacity and other factors will lead to supply shortages

domestic salt lakes are mostly located in areas with poor natural conditions. Affected by weather, energy, transportation and other factors, the actual output of salt lakes is highly uncertain. At the same time, the release of new capacity is also uncertain by factors such as process technology, product quality, reliability and stability. At present, China accounts for about 10% of the global lithium production from salt lakes, which is expected to remain low for a long time

China Securities News learned that recently, many companies have successively announced that they have successfully extracted lithium carbonate from salt lakes, but most of them are pilot projects and do not have the capacity for large-scale production