PRN: Global and China Lithium Carbonate Market, 2020 - Research and Markets

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Global and China Lithium Carbonate Market, 2020 - Research and Markets

 
[19-June-2017]
 

DUBLIN, June 19, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global and China Lithium Carbonate Industry Report, 2017-2020" report to their offering.

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Global lithium carbonate output was 244.2 kilotons in 2016, and will increase rapidly as new NEV capacity is fully released. Meanwhile, thanks to rapid development of the NEV industry, the demand for power batteries also surges. Global lithium carbonate consumption stood at 226 kilotons in 2016, 27% of which went into the battery industry, in contrast to 41% in China's lithium carbonate consumption mix.

Domestic output of lithium extracted from salt lake brine is 28 kt/a with production facilities not operating at full capacity, and new capacity will be approximately 65 kt/a. China's production of lithium extracted from ores is 55.2 kt/a, compared with designed one of 67.5 kt/a. The reason for a high output of lithium extracted from ores is that adequate supply of lithium ores from Talison solves the bottleneck of raw material shortage, enabling the release of most small and medium-sized enterpris! es' capacity. It is expected new capacity will be roughly 32 kt/a.

Despite capacity expansions by Chinese lithium carbonate producers in recent years, the enterprises concerned run actual capacity far lower than designed one, exacerbated a slower capacity release, resulting in a short supply of lithium carbonate in the Chinese market. In addition, as domestic enterprises mostly import Australian ores as raw materials, capacity may be limited by rising costs of raw materials in the long run. Lithium carbonate output was 54 kilotons and apparent consumption 87 kilotons in China in 2016, indicating a supply gap of up to 33 kilotons. Domestic demand for lithium carbonate will rise at a rate of 20% over the next couple of years, a pace faster than the global average, approximating 167 kilotons in 2020.

Key Topics Covered:

1 Overview of Lithium Carbonate

2 Development of Global Lithium Carbonate Indus! try

3 Development of China Lithium Carbonate Industr! y
< br/>4 Import & Export of Lithium Carbonate in China

5 Production Costs and Prices

6 Chinese Lithium Battery Market

7 Global Lithium Carbonate Producers

8 Chinese Lithium Carbonate Producers

Companies Mentioned

  • ABA Guangsheng Lithium Co., Ltd.
  • Albemarle
  • FMC
  • Galaxy Resources
  • Jiangxi Ganfeng Lithium Co., Ltd.
  • Jiangxi Special Electric Motor Co., Ltd.
  • Nordic Mining
  • Orocobre
  • Qinghai Salt Lake Industry Co., Ltd.
  • SQM
  • Sentient
  • Shanghai China Lithium Industrial Co., Ltd.
  • Sichuan Jixiang Lithium Technology Co., Ltd.
  • Sichuan Ni & Co Guorun New Materials Co., Ltd.
  • Sichuan Western Resources Holding Co., Ltd.
  • Simbol Materials
  • Tianqi Lithium Corporation
  • Tibet Mineral Development Co., Ltd.
  • Tibet Urban Development and Investment Co., Ltd.
  • Western Mining Co., Ltd.
  • Xinjiang Lithium Salt Plant
  • Youngy Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/648fcd/global_and_china

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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