The average price of battery-grade lithium carbonate broke 500,000 yuan / ton again after 5 months. September 13, Shanghai Steel Association data show that the battery-grade lithium carbonate price rose 2,600 yuan / ton in a single day, the average price of 500,000 yuan / ton, up nearly eight times from the beginning of last year, up nearly 80% from the beginning of this year. China Post Securities research report pointed out that, with the second half of the car, battery factory stockpiling rush, cathode material capacity gradually release, lithium salt demand continues to be strong, is expected to September domestic lithium carbonate is still a gap of about 6,000 tons.

      A shares in the lithium carbonate concept stocks have more than 20, since September, in the mineral resources, Rongjie shares, Tibetan mining industry, the top of the rise, are more than 10%. Recently, in the context of the upward price of lithium carbonate, the share price of many concept stocks have recorded a continuous rise. Performance, the concept of shares in the first half of the year are profitable, only a small decline in the performance of lithium, the rest of the shares of net profit in the first half of the year-on-year growth. According to the value of the first half of the net profit attributable to the mother and the year-on-year increase, lithium mining leader Tianqi lithium is the winner, the first half of operating income of 14.296 billion yuan, an increase of 508.05%, net profit of 10.328 billion yuan, an increase of 11937.16%.

(Article source: Datapower)