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Indonesia Critical Minerals Conference & Expo 2025

Indonesia Nickel & Cobalt & EV Industry Conference 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

2024 GLOBAL BATTERY RECYCLING CONFERENCE

2024 SMM LME LONDON WEEK EVENT - THE FUTURE OF GLOBAL METALS MARKET

2024 SMM Automotive Supply Chain Conference and Automotive New Materials Application Summit Forum

2024 NET ZERO PV Industry Conference

2024 NET ZERO CHINA FIELD TRIP

2024 SMM LME ASIA WEEK EVENT

2024 SMM (19th) Aluminium Conference & the First Aluminium Industry Expo

What Drives Gear Steel Pricing and Its Influence on Car Manufacturers?

Crude Oil Prices and Their Influence on Inflation Trends Worldwide

Gasgoo Daily: XPENG aims to achieve breakeven by late 2025

Magna bags first order for DHD Duo hybrid drive system from leading Chinese automaker

ThunderSoft, HERE Technologies team up to advance intelligent navigation solutions

【SMM Daily Review: Lithium Carbonate Prices Rise on November 21】
SMM battery-grade lithium carbonate index price was 79,262 yuan/mt, up 433 yuan/mt from the previous working day; battery-grade lithium carbonate was 77,800-81,000 yuan/mt, with an average price of 79,400 yuan/mt, up 350 yuan/mt from the previous working day; industrial-grade lithium carbonate was 75,650-76,650 yuan/mt, with an average price of 76,150 yuan/mt, up 500 yuan/mt from the previous working day. Currently, downstream material plants are not very clear about the actual order situation in the future, coupled with the year-end destocking expectations, resulting in a weakening sentiment for recent purchases, mainly adopting a cautious wait-and-see attitude. Upstream lithium chemical smelters have a strong sentiment to stand firm on quotes, and there is a significant gap in psychological expectations between upstream and downstream. Overall, the actual transaction situation in the market is relatively quiet. It is expected that the spot prices of lithium carbonate will continue to show sideways movement in the future.

SMM Daily: Lithium Carbonate Prices Surge on Nov 21, Market Remains Quiet

[Henan Zhoukou 5.17MW/10.32MWh Incremental Distribution Network Energy Storage Project Successfully Connected to the Grid and Put into Operation] SMM has learned that recently, the 5.17MW/10.32MWh incremental distribution network energy storage project jointly developed by Hunan Yingke Energy Storage Technology Co., Ltd. and Zhoukou Yuankun Power Supply Co., Ltd. has been successfully connected to the grid and put into operation. This project is Yingke Energy Storage's first energy storage project on the power grid side, and its construction standards meet the operational standards of the State Grid Corporation of China.

It is understood that the configuration scale of this energy storage project is 5.17MW/10.32MWh, which will assist over 34 electricity-using enterprises in the Xihua Economic Development Zone in achieving peak shaving and valley filling. Additionally, it can obtain potential benefits through participating in demand-side response, power spot market transactions, and dynamic capacity expansion, thereby promoting the green transformation of the manufacturing industry. This innovative practice not only advances the green transformation of the manufacturing industry but also injects new vitality into the sustainable development of the local economy.

Henan Zhoukou's 5.17MW/10.32MWh Incremental Distribution Network Energy Storage Project Successfully Grid-Connected and Operational

[Henan Zhengzhou Airport Economic Zone: Focus on Building a New-Type Energy Storage Industrial Park in Coordination with NEV Development] SMM has learned that on November 20, a series of press conferences promoting high-quality projects and encouraging private investment in Henan Zhengzhou Airport Economic Zone was held under the theme "Invest in the Airport Economic Zone, Win the Future Together." At the press conference, Xin Jianhui, Deputy Director of the Natural Resources and Planning Bureau of Zhengzhou Airport Economic Zone, introduced high-quality land resources in the zone, with the first batch of 10 premium plots open for investment from private capital.

Plots 4, 5, and 6 are located in the advanced manufacturing cluster area. Plot 4 is designated for commercial services, surrounded by major industrial projects such as BYD new energy, Huike new display base, and Foxconn new energy. The industrial population is expected to reach 250,000 by 2026, bringing enormous demand for supporting commercial markets.

Henan Zhengzhou Airport Economic Zone Launches High-Quality Projects, Eyes New-Type Energy Storage Industrial Park

[The Largest Single-Capacity Energy Storage System in China Successfully Rolled Off the Production Line] According to SMM, on November 20, the first set of the largest single-capacity 100-megawatt advanced energy storage system in China successfully rolled off the production line at the production site of Shandong Energy Electric Group's New Wind and Solar Power Electronics. Currently, this system has been successfully applied in the Dongying project in Shandong and utilizes an intelligent management new energy smart operation data centre, which enables intelligent management and optimized dispatch of the energy storage system, thereby improving energy utilization efficiency. Additionally, as an independent shared energy storage system, this project can shave peaks and fill valleys, respond quickly, and provide stable and reliable power support to the local power grid.

This high-voltage cascade energy storage product is the latest technological innovation of New Wind and Solar Power Electronics. It adopts an advanced PCS cascade design, featuring high consistency of battery cells in single-cluster operation, strong system safety, and direct grid connection to improve system efficiency.

Largest Single-Capacity 100-MW Energy Storage System in China Successfully Produced

[The Expected Yield of the First Phase of the 300MW/600MWh Independent Energy Storage Frequency Regulation Power Station Project in Cuiheng, Zhongshan, Guangdong is Not Less Than 8%] SMM has learned that on November 19, Shenzhen Nanshan Power A stated on the investor interaction platform that the first phase of the 300MW/600MWh independent energy storage power station project in Cuiheng New District, Zhongshan City has a construction scale of 100MW/200MWh, with a static investment of approximately 303 million yuan. This project aligns with the company's strategic development needs under the new situation, facilitates the company's exploration and practice in the large-scale energy storage sector, and aids the company's transition to comprehensive energy services. It is expected to have a positive impact on the company's future financial status and long-term development. The project is positioned as an energy storage frequency regulation power station, and according to the forecast for the project's feasibility study report, the expected yield on capital is not less than 8%.

Expected Yield of Zhongshan Cuiheng's 100MW/200MWh Energy Storage Project Not Less Than 8%

[Engaged in lithium battery anode materials business! YOUNGY plans to invest 100 million yuan to establish a wholly-owned subsidiary] On the evening of November 19, YOUNGY announced that, according to its strategic planning and operational development needs, and to further integrate the upstream and downstream industry chain of lithium battery materials and fully leverage the synergistic advantages of the industry chain, the company plans to invest 100 million yuan to establish a wholly-owned subsidiary, Lanzhou Youngy Materials Technology Co., Ltd., to engage in lithium-ion battery anode materials business.

YOUNGY stated that in recent years, the anode materials industry has been in a rapid development stage, with an accelerated pace of capacity expansion, and the market share of artificial graphite has significantly increased. Although the anode materials industry has accumulated a certain capacity in the short term, from a structural perspective, based on the rapid development of the lithium-ion battery industry, there is still a gap in high-capacity, high-power, high-safety, and high-stability anode materials. Currently, high-end artificial graphite products all use ultra-high temperature modification, and high-temperature modification processing is a scarce resource.

YOUNGY Plans to Invest 100 Million Yuan in Wholly-Owned Lithium Battery Anode Materials Subsidiary

SMM Free Online Webinar: China's Aluminum Export Landscape-Impacts of the New Tax Rebate Policy

SMM & LiBE Free Webinar: Global Ternary Cathode Materials Market Analysis and Outlook

Global Stainless Steel Feedstock Analysis and Supply & Demand Forecast

Navigating the Nickel Market: MHP & Nickel Sulfate Short-term and Long-term Trends - Market Dynamics and Supply

LFP Cathode Market Analysis: Present and Future, China and the World

SMM Webinar: Projecting Overseas Lithium Mine Price Support amid Price Declines and the Impact of Upcoming African Production

Virtual Tour of Battery Show Germany: Exploring the Overseas Lithium Battery Market

2024 ASEAN Automotive Supply Chain

Strategic Insights on Global Nickel Production and Indonesia's Rising Influence in the Nickel and Stainless-Steel Industry

SMM&AASC Free Webinar: Addressing China's Surplus and Strategies for Penetrating the Southeast Asian Market

SMM Free Online Webinar:Policy-led Lithium Battery Advancement:Comparing Strategies and Status Quo in Europe and North America

Category	Price Description	Price Range	Avg	Change	Date
Raw Materials	Lithium Carbonate (99.5% Battery Grade) CNY/mt	77800-81000	79400	+350	Nov 21
Raw Materials	Lithium Hydroxide (56.5% Battery Grade,Coarse Particle) CNY/mt	65550-70250	67900	+100	Nov 21
Anode material	Mid End Artificial Graphite（350-355mah/g） CNY/mt	22800-33600	28200	0	Nov 21
Cathode material	Lithium Iron Phosphate (Medium-end EV type) CNY/mt	33800-35200	34500	+100	Nov 21
Battery separator	Wet-process Base Separator（9μm） CNY/㎡	0.69-0.83	0.76	0	Nov 21
Electrolyte	Lithium Hexafluorophosphate (R99.95%) CNY/mt	56100-58000	57050	+50	Nov 21
Electrolyte	Electrolyte ( For LFP ) CNY/mt	16800-25250	21025	0	Nov 21

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