Latest Update in the SMM Lithium-ion Battery Market

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...

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.

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.

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Lynk & Co, the car brand jointly owned by Geely and Volvo Cars, plans to commence pre-sales of the Lynk & Co 07 EM-P PHEV (plug-in hybrid electric vehicle) model at the Auto China 2024 set to kick off...

On March 18, DEEPAL, Changan Auto's new energy vehicle brand, introduced its latest model, the G318.