US Launches First Strategic Lithium Reserve
The US government has officially included lithium in its national defense stockpile, planning to procure 16,167 tons of lithium carbonate over five years to reduce reliance on foreign supply chains.
Search
Tag: #lithium8 results
Lithium price outlook: Supply pressure vs. demand growth
CITIC Securities reports that while short-term lithium prices are suppressed by supply expectations, demand remains strong due to EV production targets. The market expects a rebound in the second half of the year driven by downstream inventory replenishment.
West Africa's Largest Lithium Plant Commences Operations
A large-scale lithium processing plant in Nasarawa State, Nigeria, has officially begun operations. The facility is a joint venture between Jiuling Lithium and Tianhua New Energy, targeting an annual capacity equivalent to 30,000 tons of lithium carbonate.
MIT Develops Low-Cost Lithium Extraction from Hard Rock
MIT researchers have developed a new process to extract lithium from hard rock, significantly reducing energy consumption and costs. This breakthrough could improve the economic viability of battery production for electric vehicles.
💼
Ganfeng Lithium reports strong 2026 H1 profit growth
Ganfeng Lithium announced a significant turnaround in its 2026 H1 financial results, projecting a net profit of 3.65-4.6 billion RMB. The growth is driven by increased demand for lithium salts and expanded production capacity.
Salt Lake Shares forecasts 131%+ profit growth
Salt Lake Shares released its H1 2026 performance forecast, projecting a net profit of 6 billion to 6.3 billion RMB, representing a year-over-year increase of 131.38% to 142.95%.
Yahua Pushes to Resume Lithium Exports
Yahua Group communicated effectively with Zimbabwe government to resume lithium concentrate exports soon. Current inventory suffices for domestic production needs. Official announcements will provide updates.
ChiNext Surges 2% on Compute Hardware Lead
ChiNext index rises 2%, Shenzhen Component up 1.01%, Shanghai Composite 0.09%. PV, lithium batteries, compute hardware sectors lead gains. CATL surges 5%, nearly 2300 stocks up across markets.