According to Mysteel, China's lithium hydroxide production reached 28,400 tonnes in December, marking a month-on-month increase of 2.1%. The production in December remained largely stable compared to November, supported by steady orders from the ternary cathode material sector. Production gains were primarily driven by the continued ramp-up of new capacity at certain manufacturers, while other producers maintained high operating rates amid rising prices.
Source: Mysteel
China's lithium hydroxide production is projected to be 28,600 tonnes in January, down 0.7% month-on-month. While new smelting lines still in the ramp-up phase will contribute to the main supply increment, a major producer in Sichuan is expected to reduce production due to scheduled year-end maintenance. The production scheduling plans of causticizing enterprises remain generally stable, and it is expected that the supply of lithium hydroxide will show a slight downward trend overall in January.
Written by Cora Ji, jiruyan@mysteel.com
