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Chempricehub Important Reminder: Cominiere Announces Manono Lithium Mine to Commence Production and Export in June
Published on 2026-02-13
February 13th News — The Managing Director of the state-owned mining company Cominiere in the Democratic Republic of the Congo recently announced that Manono Lithium will produce its first batch of lithium ore in June, with exports to commence immediately thereafter. Chempricehub's analysis of lithium carbonate assigns a bearish score of -1.5. The report states that Cominiere's announcement of Manono Lithium's first lithium ore production and immediate export in June 2026 is expected to significantly increase global lithium ore supply. As a primary raw material for lithium carbonate, the anticipated rise in supply could lead to reduced production costs and overall market abundance, thereby exerting downward pressure on spot prices. Concurrently, considering the latest trends in lithium carbonate futures (such as the closing price of the main contract LC2604 at 149,420 yuan per ton, where recent upward momentum may face pressure due to this news), market concerns over oversupply could intensify the downward trend in futures prices. The score of -1.5 indicates a generally bearish impact, as the event is scheduled for June, but the expectation of increased supply has already significantly dampened market sentiment.