Monthly Lithium Report Dec 2024

1. Market Highlights 3
2. Economy and Policy 3
3. Market Movements 3
3.1 Chinese market 3
3.1.Asian Metal Copyright1.Asian Metal Copyright1 Lithium carbonate 99.2%min Delivered D/P 3
3.1.Asian Metal Copyright6 Ganfeng Lithium begins phase one production at African lithium mine 7 4.Asian Metal Copyright2 Lithium carbonate 99.5%min Delivered D/A 3
3.1.Asian Metal Copyright1.Asian Metal Copyright3 Lithium hydroxide 56.Asian Metal Copyright2 China's battery grade lithium carbonate output in December 2024 up by 0.Asian Metal Copyright5%min, magnetic 0.0001%max Delivered D/A 3
3.1.4 Lithium metal 99%min Delivered D/A 3
3.1.Asian Metal Copyright2 China's LNCMO output in December 2024 up by 3.Asian Metal Copyright5 Lithium metal 99.9%min Delivered D/A 4
3.1.6 LCO Co 60%min Delivered D/A 4
3.1.7 LNCMO 523 Delivered D/A 4
3.1.8 LNCMO 613 Delivered D/A 4
3.1.9 LNCMO 8312 Delivered D/A 4
3.1.10 LMO 58%min Delivered D/A 5
3.1.Asian Metal Copyright1 Lithium carbonate 99.Asian Metal Copyright11 LFP Li 3.9%min Delivered D/A 5
3.2 International market 5
3.2.Asian Metal Copyright1.Asian Metal Copyright2 Lithium carbonate 99.5%min CIF China 5
3.2.Asian Metal Copyright5%min, magnetic 0.Asian Metal Copyright3 Lithium carbonate 99.5%min Delivered EU 5
3.2.Asian Metal Copyright0001%max Delivered DA 3 3.Asian Metal Copyright4 Lithium carbonate 99.Asian Metal Copyright3 China's lithium hydroxide exports in November 2024 down by 29.Asian Metal Copyright5%min Delivered U.Asian Metal Copyright3.Asian Metal CopyrightS. 5
3.2.Asian Metal Copyright1.Asian Metal Copyright5 Lithium carbonate 99.5%min FOB South America 6
3.2.Asian Metal Copyright1 Chinese LCO producers' operating rate in December 2024 down by 6.Asian Metal Copyright6 Lithium hydroxide monohydrate 56.Asian Metal Copyright6 Lithium hydroxide monohydrate 56.Asian Metal Copyright5%min, magnetic 0.0001%max FOB China 6
3.2.Asian Metal Copyright10 PTL to call off Li-ion anode project in Sweden 7 5 Producers Statistics 7 5.Asian Metal Copyright7 Lithium hydroxide monohydrate 56.Asian Metal Copyright4 Shengyuan Lithium wins lithium ore mining right for RMB2.Asian Metal Copyright5%min, magnetic 0.0001%max Delivered South Korea 6
4. Company news 6
4.1 Ganfeng Lithium to transfer stake in lithium asset to Mali government 6
4.2 Xinjiang Zhicun increases battery grade lithium carbonate production 6
4.3 Rongda Lithium signs deal to outsource spodumene dressing 6
4.4 Shengyuan Lithium wins lithium ore mining right for RMB2.5 billion 7
4.5 Sunwoda Power partners with XTC New Energy on battery materials development 7
4.6 Ganfeng Lithium begins phase one production at African lithium mine 7
4.7 Wanrun New Energy to transfer 100% stake in lithium mining subsidiary 7
4.8 Jinxin Mining reports increased lithium reserves 7
4.9 Hainan Mining's Bougouni lithium mine begins hot commissioning 7
4.10 PTL to call off Li-ion anode project in Sweden 7
5 Producers Statistics 7
5.1 Lithium carbonate 99.2%min 7
5.1.Asian Metal Copyright1.Asian Metal Copyright1 Chinese industrial grade lithium carbonate producers' operating rate in December 2024 down by 17.75% MoM 7
5.1.Asian Metal Copyright2.Asian Metal Copyright2 China's industrial grade lithium carbonate output in December 2024 down by 17.82% MoM 8
5.1.Asian Metal Copyright Market Movements 3 3.Asian Metal Copyright3 Chinese industrial grade lithium carbonate producers' stocks in December up by 37.19% MoM 8
5.2 Lithium carbonate 99.5%min 8
5.2.Asian Metal Copyright1.Asian Metal Copyright1 Chinese battery grade lithium carbonate producers' operating rate in December 2024 down by 1.86% MoM 8
5.2.Asian Metal Copyright6 Ganfeng Lithium begins phase one production at African lithium mine 7 4.Asian Metal Copyright2 China's battery grade lithium carbonate output in December 2024 up by 0.85% MoM 9
5.2.Asian Metal Copyright1 Chinese industrial grade lithium carbonate producers' operating rate in December 2024 down by 17.Asian Metal Copyright3 China's battery grade lithium carbonate stocks in December 2024 down by 19.95% MoM 9
5.3 Lithium hydroxide 9
5.3.Asian Metal Copyright6 LCO Co 60%min Delivered DA 4 3.Asian Metal Copyright1 Chinese lithium hydroxide monohydrate producers' operating rate in December 2024 down by 12.43% MOM 9
5.3.Asian Metal Copyright3 Rongda Lithium signs deal to outsource spodumene dressing 6 4.Asian Metal Copyright2 China's lithium hydroxide monohydrate output in December 2024 down by 17.2% MOM 10
5.3.Asian Metal Copyright2.Asian Metal Copyright3 Chinese lithium hydroxide monohydrate producers' stocks in December 2024 down by 21.86% MoM 10
5.4 LCO 10
5.4.Asian Metal Copyright Market Highlights 3 2.Asian Metal Copyright1 Chinese LCO producers' operating rate in December 2024 down by 6.86% MoM 10
5.4.Asian Metal Copyright2.Asian Metal Copyright2 China's LCO output in December 2024 down by 3.2% MoM 11
5.4.3 China's LCO stocks in December 2024 unchanged MOM 11
5.5 LNCMO 11
5.5.Asian Metal Copyright Economy and Policy 3 3.Asian Metal Copyright1 Chinese LNCMO producers' operating rate in December 2024 down by 2.85% MoM 11
5.5.Asian Metal Copyright1.Asian Metal Copyright2 China's LNCMO output in December 2024 up by 3.3% MoM 12
5.5.Asian Metal Copyright4.Asian Metal Copyright3 China's LNCMO inventory in December 2024 down by 11.36% MoM 12
6. Customs Statistics 12
6.1 China's lithium carbonate imports in November 2024 down by 17.08% MOM 12
6.2 China's lithium carbonate exports in November 2024 down by 27.4% MOM 13
6.3 China's lithium hydroxide exports in November 2024 down by 29.84% MOM 13

.Asian Metal Copyright3Asian Metal Copyright