China's lithium hydroxide production reached 28,400 tonnes in October, up 8.0% month-on-month, according to Mysteel. This increase was primarily driven by the ramp-up of smelting capacity, with some producers raising operating rates due to increased orders for ternary materials, and accelerated production progression at new facilities. Stable deliveries of orders from overseas battery manufacturers also supported leading enterprises in maintaining high utilization rates.
Looking ahead, China's lithium hydroxide production will rise 4.6% MoM at 29,700 tonnes in November. Additional new smelting lines are still in the ramp-up phase during November, although some enterprises may see limited production growth due to fluctuations in spodumene feedstock supply. Large-scale refineries in Sichuan maintained high operating rates. The overall supply is expected to show a moderate growth trend.
Written by Cora Ji, jiruyan@mysteel.com
