Idealizador do Lithium Business I Analista na FINEP I Professor da Universidade Federal do Estado do Rio de Janeiro na área de Inovação
🔖 Part II CATL's Yichun lithium mine resumption of production is expected to impact the market. How will lithium carbonate prices evolve? 💡 (...) In his view, changing the type of mineral is inherently troublesome and takes time to resolve. "Once the type of mineral in the mining license is changed from ceramic clay to lithium ore according to relevant requirements, the relevant tax amount will increase significantly, and the product price may not be able to cover the mining costs." 🏷️ According to a September 10th report in Futures Daily, Yichun Times held a meeting on the resumption of production at the Lianxiawo lithium mine, assigning a target to the company's internal licensing team, aiming to complete the resumption of production at Lianxiawo by November of this year. However, whether this target can be achieved on schedule remains uncertain, and adjustments may be made based on actual progress. 📎 Nonferrous Metals Analyst Chen Yixuan told Interface News that although the relevant companies are still processing the relevant procedures required for the resumption of production of the project and have not yet given a clear resumption time, the market will most likely price in their resumption expectations first. 🫧 In addition, as the resumption of production in Lianxiawo progresses, the short-term market concerns about the remaining mica mines in Jiangxi will also be alleviated. ⚡ In mid-July, industry insiders circulated a notice from the Jiangxi Yichun Municipal Natural Resources Bureau requiring eight lithium mining companies to complete reserve verification reports by September 30. 🫧 The document mentioned that eight companies involved in lithium resource mining rights had circumvented the investment review authority of higher-level departments and exceeded their authority in handling transfer, change or extension registration procedures. 📎 A document disclosed by Founder Mid-Term Research Institute shows that the eight lithium mining companies mentioned in the notice of the Yichun Natural Resources Bureau of Jiangxi Province include Yichun Times, Guoxuan High-tech,( 002074.SZ)'s Yichun Guoxuan Mining Co., Ltd., etc. 💎 Chaos Tiancheng Futures pointed out that if the resumption of production in Jianxiawo exceeds expectations, the possibility of long-term shutdown of the eight local lithium mines in Yichun will be greatly reduced, and the supply-side risk will be eliminated. 🔔 Chen Yixuan believes that after the supply disturbance comes to a temporary end, the market will return to fundamental logic. 🔓 Since the end of June, lithium carbonate futures and spot prices have experienced multiple increases, driven by factors such as unexpectedly strong demand, supply-side uncertainty, and sentiment driven by anti-involutionary policies. Liu Xiaomin, a lithium raw materials analyst at Fubao Information, told Jiemian News at the time that the price surge was completely detached from fundamentals. ✒️ Read More Part III
