Bikita mining project in Zimbabwe has successfully reached the targeted production capacity for two production lines—one with an annual output of 2 million tons of spodumene and another with an annual output of 2 million tons of petalite.
SMM, March 19th: During the trading session on March 19th, the opening price of the main contract for Shanghai nickel was 139,600 yuan/ton, and the closing price was 137,460 yuan/ton, a decrease of 2,490 yuan/ton from the previous trading day's closing price. Intraday trading weakened compared to the previous trading day, with a decrease of 15,008 lots in trading volume and a decrease of 859 lots in open interest...
ickel prices fluctuated downward, with spot market transactions warming up
On March 19th, Jinquan reported a premium of 1100-1300 yuan/ton, with an average price of 1200 yuan/ton, which remained unchanged compared to the previous trading day. Russian nickel premiums were quoted at -400 to -200 yuan/ton, with an average of -300 yuan/ton, representing an increase of 50 yuan/ton compared to the previous trading day...
According to the agreement, Lead Intelligent Equipment will provide ABF Company with a lithium battery smart production line service with a total target of 20GWh. It is reported that this is the largest order for lithium battery equipment that a Chinese company has obtained in the United States so far.
LiCarbonate Daily: A Glimpse into March 19th's Market Dynamics
On March 19th, lithium carbonate futures declined by 1.84% to 114,950 yuan/ton, while spot prices remained steady at an average of 112,550 yuan/ton, amidst strategic market adaptability.