According to Mysteel's survey, China's lithium carbonate production read 83,500 tonnes in September, rising 0.9% from the previous month. In September, the CATL-affiliated refineries in Jiangxi Province kept reducing the production, while those relying on outsourced feedstock raised the production on more tolling orders. In Sichuan, the production growth was contributed by arrivals of seaborne feedstock, in addition to others maintaining active production. The production in Qinghai and in the recycling sector was stable.
Looking ahead, China's lithium carbonate production is estimated at 84,900 tonnes in October, up 1.7% month-on-month, Mysteel's survey showed.
Specially, in Jiangxi, the integrated large-scale refineries will maintain stable operations, except for those experiencing production cut. The refineries using outsourced feedstock have seen an increase in tolling orders, spurring their production enthusiasm. In Sichuan and Qinghai, the refineries have kept their capacity utilization rates at a high level. Overall, the lithium carbonate production is anticipated to stay high in October, with mild increases compared with September.
Source: Mysteel
Written by Aggie Hu, huchenying@mysteel.com
