Latest Update in the SMM Lithium Market

In October 2024, China's LMO production saw slight increases both YoY and MoM.

In October, China LCO production declined, down 15% MoM from September.

In October, China's LFP production increased 4% MoM and was up over 100% YoY.

In October, China's iron phosphate production increased 6% MoM and was up 81% YoY.

In October, China's Co3O4 production saw a slight increase both MoM and YoY.

In October 2024, China's production of high-purity manganese sulphate declined both MoM and YoY.

In October 2024, the national production of nickel sulphate was 28,700 mt in metal content, and 130,600 mt in physical content, down 11% MoM and 24.49% YoY.

In October, SMM China's copper cathode production decreased by 8,600 mt MoM, a decline of 0.86%, but increased by 0.19% YoY, and exceeded expectations by 2,200 mt.