Tianli Lithium Energy (301152.SZ) announced that starting from January 14, 2026, in order to ensure the efficient, stable, and safe operation of the LFP production line and guarantee the smooth progress of safe production, Sichuan Tianli carried out a planned shutdown for maintenance on the production line. During the maintenance period, Sichuan Tianli conducted comprehensive maintenance, upgrades, and transformations on the production line, laying a solid foundation for subsequent safe, continuous, and efficient production. As of the date of this announcement, Sichuan Tianli has completed the scheduled maintenance plan and fully resumed production operations on February 24, 2026.

SMM Feburary 16 News: Raw material side, this week lithium carbonate prices began to rise continuously, while cobalt sulphate and nickel sulphate prices remained stable.

The US tariff reset is increasingly reshaping the ex-China battery market as a supply-chain design issue, not just a cost issue. With EV growth slowing and volatility rising, ESS—driven by project-based infrastructure demand—can provide a utilization and cash-flow buffer. As a result, “localization × ESS” execution and product-mix flexibility (including LFP) are becoming more central to competitiveness.

SMM Feburary 26 News: This week, nickel sulphate and cobalt sulphate prices were basically flat, while lithium carbonate prices fell before rising again.

On February 10, the foundation treatment construction for the Inner Mongolia Times Fuling New Materials Co., Ltd. annual 500,000 mt high-end LFP project for energy storage use successfully commenced, with a winning bid amount of 100 million yuan. This progress marks the official entry of this highly market-watched major project into the construction phase.

Gold and silver prices are expected to begin the week on a strong note when trading resumes on Monday, as escalating tensions in the Middle East push investors toward safe-haven assets, analysts said.

Recently, the Gushanliang 300 MW/1,200 MWh Grid-Forming Hybrid Energy Storage Power Station in Ordos, Inner Mongolia, successfully completed the full-process testing and acceptance of "three charges and three discharges" and officially began grid-connected operation. This station is the only grid-forming project within the local planned total capacity of 3 GW/12.8 GWh energy storage station cluster. It adopts a hybrid energy storage solution combining LFP batteries and all-vanadium flow batteries, efficiently coupled with grid-forming technology, while integrating an AI smart operation system. As a key support period for the Inner Mongolia power grid, the station will provide critical support for regional power stability, helping to enhance new energy integration capacity and grid operation resilience.

Raw material side, lithium carbonate and nickel sulphate prices continued to rise this week, while cobalt sulphate prices remained stable.

Recently, China Construction Decheng announced the bidding results for energy storage projects in Denmark and Spain. The total capacity of these energy storage systems reached 1.12 GW/2.4 GWh, and four suppliers—CRRC Zhuzhou Institute, Envision Energy, Sungrow, and Great Power Energy—successfully won the bids, with the winning prices ranging between 0.8362 and 1.0431 yuan/Wh. The energy storage project covers eight projects in Denmark and Spain, with a procurement scale of 1,116.5 MW/2,427.72 MWh. The total investment amounted to 2.5 billion yuan, which translates to a unit price of approximately 1.0297 yuan/Wh. It is worth mentioning that in October of last year, China Construction Decheng signed cooperation agreements with Denmark's DRSOLAR and NORLA for a 2.5 GWh energy storage project. The project will adopt an LFP battery system and an intelligent energy management system.

[SMM Lithium Battery Electrolyte Market Weekly Review: Electrolyte Prices Remained Stable This Week (2026.2.24-2.26)] From February 24 to 26, 2026, electrolyte prices remained stable. Considering the changing trends on the cost side and the supply-demand pattern, electrolyte prices were expected to remain stable in the short term.