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Chempricehub Important Reminder: Pilot Production of Lithium Salt Project by Sinomine Resource Group Commences
Published on 2026-01-05
January 5th News: Zhongkuang Resources (Jiangxi) Lithium Industry Co., Ltd. has completed the construction of its 30,000-ton-per-year high-purity lithium salt technical renovation project and obtained trial production filing. The project commenced trial production operations with ignition and material feeding on January 2, 2026. Chempricehub's analysis of lithium carbonate: Bull-Bear Score: -1.5. The trial production operation of Zhongkuang Resources' 30,000-ton-per-year high-purity lithium salt project is expected to significantly increase the supply of lithium carbonate in the market. The anticipation of increased supply exerts downward pressure on spot prices, potentially leading to price declines. Combined with the lithium carbonate futures market, such as the 2605 contract settlement price of 120,640 yuan/ton (up 100), the news of new capacity reinforces concerns about future oversupply, negatively impacting futures price trends. A score of -1.5 indicates a generally bearish outlook, as the scale of new capacity is substantial but not extreme, potentially exacerbating adjustments in supply-demand balance.