Technology goes global! Star board goes from China to the world in 5 years.
Including industries such as photovoltaics, energy storage, lithium batteries, and consumer electronics, the star board companies' overseas business performance is impressive. The current star-board companies are stepping up their efforts to open up emerging markets. Industry insiders say that overseas companies are gradually evolving from low-cost competition to technology and capital overseas, and opening up emerging markets represents the deepening of China's overseas layout and is expected to reshape the pattern of outbound investment.
Argentina's lithium carbonate production capacity doubled in two years, and it is expected to become the third largest lithium-producing country in the world.
The Argentine Chamber of Mining Entrepreneurs (CAEM) reported on Tuesday that under new project initiatives, Argentina's lithium carbonate equivalent (LCE) production capacity has doubled in the past two years. According to the association, Argentina's LCE production capacity has sharply increased from 0.0375 million tons in 2022 to 0.1365 million tons.
GGII: The shipment growth rate of China's lithium batteries and four major materials will exceed 20% in the first half of 2024.
According to the research data from the GGII, the output of lithium batteries in China in H1 2024 is expected to be 459GWh, increasing by 21% compared to the previous year.
International oil prices have risen to a nearly two-month high, and the Hong Kong stock oil sector has strengthened with the rise of "three barrels of oil".
The Hong Kong petroleum sector is strong, with the three major oil companies leading the way. Which short-term bullish factors are worth paying attention to? International oil prices have risen to a near two-month high, what are the market expectations for the future?
Argentina's lithium production capacity will increase by 80%! Industry insiders respond: Planned expansion will have limited overall impact.
Multiple industry insiders pointed out that this is a planned expansion. At the same time, it will take some time to reach full production capacity, and there are many uncertainties during this period, so the impact on lithium prices is limited. Industry insiders also say that due to the decline in lithium prices, the currently expanding projects are relatively cost-competitive, and some high-cost projects are reducing or stopping production. Therefore, this year's total supply may not meet the general expectations at the beginning of the year.
What is the cost price of lithium carbonate? Has futures fallen to around 90,000 and bottomed out?
The price of lithium carbonate futures has continued to fall, and it fell to a low of 86,000 yuan/ton on Tuesday, close to the lowest price since listing. In the case of futures prices approaching the bottom of the market, the market is more sensitive to bullish news, which resulted in a significant increase in prices compared to Monday.