A number of power battery and lithium battery materials companies told china securities journal that the current demand for products is in short supply, and they are stepping up production to catch up with delivery. At the same time, the upstream and downstream enterprises in the lithium battery industry chain have increased the reserve of lithium resources through diversification.
tension supply
165438+1October16th, Pilbara held a new round of lithium concentrate auction, with a transaction price of 7805 USD/ton, up 7.58% from the previous one and over 500% from the first one.
Qu, an analyst at Shanghai Steel Union, said that the battery-grade lithium carbonate produced by this batch of lithium concentrate costs about 576,200 yuan/ton based on the freight of 90 US dollars/ton and the processing fee of 25,000 yuan/ton, and it is expected to start circulating in February and March 2023.
From June 65438+ 10 to October 165438+ 10, Pilbara held three auctions of lithium concentrate, and the transaction prices were all stable at more than 7,000 USD/ton. Qu said that the auction price of Pilbara has hit record highs, further indicating that the global supply of lithium resources is tight at present.
Domestic lithium salt prices also ushered in a record high. 165438+1October 17. According to the data of Shanghai Steel Union, the average price of battery-grade lithium carbonate is 590,000 yuan/ton, up 1 12.23% from the beginning of this year.
Insiders said that the high price of lithium salt in China is still due to the imbalance between supply and demand. The supply of upstream lithium resources is the key factor to determine the future trend of lithium salt prices. Huaxi Securities said that 1 1 This month, the temperature in Qinghai will continue to be low and will continue to be in a state of production reduction. In this context, the supply side of lithium salt is not optimistic, and the gap is large.
From the demand side, the production and sales of new energy vehicles are booming and continue to hit a record high. According to the data of China Automobile Association, the production and sales of new energy vehicles in China in June were 762,000 and 765,438+04,000 respectively, up by 87.6% and 865,438+0.7% year-on-year, both reaching record highs, with a market share of 28.5%.
Production overtime
Luo Junmin, deputy secretary-general of China Automobile Association, said at the 2022 China Automobile Forum: "The sales volume of new energy vehicles in China is expected to reach 6 million this year, reaching more than half or even 60% of the global market share."
A recent survey by china securities journal reporter found that under the background of rising sales of new energy vehicles, many listed companies of power batteries and lithium batteries are in short supply and are working overtime to deliver goods.
The person in charge of Yiwei Lithium Energy said: "In the last two months, the company's production progress has been basically flat, mainly in time, and some orders have even been placed by the end of next year."
The relevant person in charge of En Jie Co., Ltd., which is engaged in diaphragm production, said: "The company's products are now in short supply." Ding Sheng New Material Company, a leading aluminum foil manufacturer, also said that the company's production is very busy and the products are in short supply.
Some companies are optimistic about the market demand next year. A person close to Contemporary Ampere Technology Co., Ltd. said: "The company's production and sales in the fourth quarter are in line with expectations and are optimistic about the market demand next year."
At the same time, the output of power batteries in China continued to grow. According to the data of China Automotive Power Battery Industry Innovation Alliance, the national power battery output was 62.8GWh in May 438+10, up 150. 1% year-on-year and 6.2% month-on-month. In June1-June 10, the national cumulative output of power batteries was 425.9GWh, up 166.5% year-on-year. In terms of load, in June of 5438+00, the national power battery load was 30.5GWh, up 98.1%year-on-year; In June1-June 10, the cumulative load of power batteries in China was 224.2GWh, up 108.7% year-on-year.
Strengthen the reserve of lithium resources
The rapid growth of production and sales of new energy vehicles has pushed the lithium resource industry to continue to heat up.
In the third quarter, SQM, a joint venture company of Tianqi Lithium Industry, Chile's leading lithium mine, achieved revenue of 2.958 billion US dollars, a year-on-year increase of 347.5%; The net profit was $6543.8+$99 million, up 28% from the previous month and 93.7% year-on-year, exceeding market expectations. In the third quarter, SQM's revenue from lithium and derivatives business was $2.335 billion, up11%year-on-year.
The brilliant performance of SQM reflects the high prosperity of lithium resource industry. Recently, a number of lithium battery industry chain enterprises have accelerated the development of lithium resources and strengthened lithium resource reserves through diversified methods.
In the development of lithium resources, Guangzhou Automobile Group is prepared to personally "mine". 165438+1On October 7th, Guangzhou Automobile Group announced that its wholly-owned subsidiary, Guangzhou Automobile Components, signed an agreement with Xishi Coal Industry and Zunyi Energy to set up a joint venture company, Guizhou Dongyangguang New Energy Technology Co., Ltd. in Zunyi City, Guizhou Province. The goal of the joint venture company is to obtain the exploration right of the aluminum polymetallic (lithium resource) deposit in Xishi Town, Tongzi County, Zunyi City, and finally obtain the mining right.
Jinyuan shares165438+1October1announced that its subsidiary, Jin Hengwang Hong Kong, intends to purchase 0/00% equity of Hancha/kloc-0 for US$ 2.48 million, indirectly acquiring the mining right of MinaPayoSalvación, which is located in Cauchari, Salta Province, Argentina.
Some enterprises have accelerated the layout of lithium salt production capacity. Fulin Seiko recently announced that it plans to build a lithium battery industrial chain system with the people's government of Hengfeng County, Jiangxi Province and Ganfeng Lithium Industry, and set up a joint venture company to build a lithium dihydrogen phosphate integration project with an annual output of 200,000 tons in Hengfeng County. In addition, Anzhong plans to invest 654.38 billion yuan in guixi city to build a lithium carbonate smelting production line with an annual output of 50,000 tons.