Latest Update in the China Ternary Precursor and Material Market

The coefficient of NMC battery scrap was high with increases this week, and the pole piece coefficient was also above 180%, due to the falling prices of nickel metal and cobalt metal.

On August 2, Tonze Electric announced that the company had signed the Contract on Investment and Construction of Tonze Electric New Energy and New Materials Project with Ruichang Municipal People's Government.

SHANGHAI, Aug 3 (SMM) - On August 2, the SMM spot prices of domestic battery-grade lithium carbonate rose by 1,000 yuan/mt, reaching 466,000-477,000 yuan/mt, with an average price of 471,500 yuan/mt.

With the smooth ramp-up of the Pilbara project, its lithium concentrate auction activities have become more and more frequent. Under the short-term supply tightness in China, the mid and downstream players have also shifted their attention to the auction of foreign concentrates to address their urgent needs.

In the second quarter of 2022, affected by the pandemic, the supply of new energy auto parts was insufficient.

SHANGHAI, Aug 3 (SMM) - Tesla's German factory officially started production on March 22 this year.

SHANGHAI, Aug 3 (SMM) - On Tuesday, South Korean market research agency SNE research released a survey report showing that the market share of Chinese battery companies has increased significantly.

Stocks in the power battery recycling sector advanced rapidly after today's opening, with an increase of more than 4% at one point. Specially, Dcenti hit daily limit, Narada Power rose more than 17%, and other stocks such as Huayou Cobalt, CNGR, Guanghua Sci-tech, and Camel Group all climbed more than 6%.