In February, China's lithium hydroxide production reached 23,200 tonnes, down 12.5% month-on-month. The significant decline compared to January was primarily attributed to the Chinese New Year holiday and fewer working days, with manufacturers conducting concentrated maintenance shutdowns and downstream demand also weakening.
Source: Mysteel
According to Mysteel, China's lithium hydroxide production is projected to reach 29,800 tonnes in March, marking a substantial month-on-month increase of 28.4%. In March, smelting operations are expected to fully resume work and production, with leading manufacturers maintaining relatively high operating rates, though some manufacturers may continue to operate at low rates due to limited lithium ore feedstock availability.
Written by Cora Ji, jiruyan@mysteel.com
