Latest Update in the SMM Cobalt Market

[SMM Data: LiPF6 Production in May Declined Slightly MoM] LiPF6 production in May 2025 declined by approximately 7% MoM, and production in June is expected to decline by 4%.

[SMM Data: Electrolyte Production Rose Slightly MoM in May] Electrolyte production in May 2025 increased 1% MoM, and is expected to decrease 1% MoM in June.

SMM's monthly production data for base metals is released at the end of each month, aiming to uncover the true fundamentals for industry chain professionals and investors, and providing a clearer grasp of the future direction of the non-ferrous metal market.

[SMM Analysis: Demand Rises, Anode Material Production Increases in May] SMM, June 3: Cost side, the price of graphitisation tolling services has slightly declined due to weak downstream demand; at the same time, the price of raw material coke is also facing downward pressure, and the anode procurement demand from traditional industries...

[SMM Analysis: Co3O4 Production Rose MoM in May, Market Participants Remain Cautious and Wait-and-See] In May 2025, Co3O4 production increased both MoM and YoY. In terms of supply, although the spot price of Co3O4 showed an overall downward trend in May, it remained at a relatively high level compared to previous periods, with a relatively optimistic profit margin...

①Lopal Technology's overseas factory secured a "major order" worth 5 billion, with the client, Eve Energy, being an overseas subsidiary of EVE, a top-tier battery enterprise. ②In fact, Lopal Technology has recently been frequently increasing investment and introducing investors in its Indonesian factory.