BYD's income from six African lithium mines can meet the battery demand of 10. In fact, as early as 2065,438+00, BYD participated in Zabuye Salt Lake, the largest lithium mine in China. For a long time, BYD has been accelerating the layout of upstream lithium resources. BYD earns six African lithium mines, which can meet the battery demand of 10 year.
BYD earns six lithium mines in Africa, which can meet the battery demand of 10 year. 65,438+0 According to sources, BYD has discovered six lithium mines in Africa and has reached an acquisition intention.
According to sources, according to BYD's internal calculation, the ore with lithium oxide grade of 2.5% in six lithium mines will reach more than 25 million tons, which can reach 6.5438+0 million tons when converted into lithium carbonate, covering its battery demand for more than 654.38+00 years in the future. In terms of cost, the loading price per ton of lithium carbonate is below 200,000 yuan.
Downstream demand is firm and will run at a high level during the year.
Since mid-April, the price of battery-grade lithium carbonate in the domestic market has dropped from 520,000 yuan/ton to 460,000 yuan/ton, and there are many bearish voices in the market.
Recently, an upstream material supplier of lithium battery told Time Finance that the price drop of lithium salt was mainly affected by the supply chain. Many OEMs once stopped production, and the demand also declined, which contributed to the price correction of lithium salt. However, on the whole, the price of lithium concentrate auctioned overseas keeps rising, and it is difficult for the price of lithium salt to drop sharply. If the industry situation improves, prices will still rise.
According to the data of China Automobile Association, in April this year, the production and sales of new energy vehicles in China increased by more than 40% compared with the same period of last year, but decreased by more than 30% from the previous month. With the acceleration of the resumption of work and production in East China, the problems of automobile industry chain have been alleviated.
"Looking forward to June, the operating rate of lithium ferrous phosphate and ternary materials downstream of the two main forces of lithium carbonate will continue to increase slightly. Supported by cost and demand, the lithium carbonate market may grow steadily. " Luo Xiaoli, a lithium mine analyst in Shanghai Steel's New Energy Division, said in an interview.
It is worth mentioning that when the price of battery-grade lithium carbonate exceeded 500,000 yuan/ton in March, there was news in the market that many battery factories did not purchase goods or take orders to counter the skyrocketing price of lithium carbonate. Afterwards, many battery factories said that this did not happen.
It is reported that the mismatch between upstream and downstream supply and demand is the main reason for the high price of lithium salt. The external dependence of lithium resources in China is as high as 70%. Under the wave of new energy, the downstream expansion of domestic industrial chain is extremely fast, while the upstream of foreign countries is slow but slow to respond, and the upstream production capacity is far from meeting the downstream demand.
At the shareholders' meeting of Tianqi Lithium Industry, Jiang Weiping, chairman of Tianqi Lithium Industry, said that relatively speaking, the development of upstream lithium resources is much slower. Lithium resources are regional and unrepeatable. There is great uncertainty in the development of upstream production expansion. Now the development of upstream resources is accelerating, and it has also received corresponding opportunities and support. "But it takes time to solve this contradiction, and it takes time for the pattern of supply and demand to achieve a real balance. In the end, it depends on the market to balance. "
The above-mentioned material suppliers said that it is expected that by the middle or end of next year, the whole market will reach a state of balance between supply and demand. "It is expected that the lithium price will remain at a high level during the year, or it will fluctuate within the range of 450,000 yuan/ton to 500,000 yuan/ton."
BYD earns six lithium mines in Africa, which can meet the battery demand of 10 year. BYD found six lithium mines in Africa, all of which reached the acquisition intention. According to sources, according to BYD's internal calculation, among the six lithium mines, the ore with lithium oxide grade of 2.5% has reached more than 25 million tons, which can reach 6.5438+0 million tons when converted into lithium carbonate. At the same time, he also revealed that "from the cost point of view, the loading price per ton of lithium carbonate is definitely below 200,000 yuan."
The prices of related raw materials fluctuated at a high level.
Recently, the global lithium concentrate price trend is "wind vane", and the second auction price of the famous Australian lithium supplier Pilbara hit a new high this year. The auction price of Pilbara lithium mine is 5955 US dollars/ton, and the freight is 90 US dollars/ton, totaling 5000 tons, and the grade standard is 5.5%. It is planned to deliver lithium ore from June 15 to July 15, 2022, which is equivalent to the cost of lithium carbonate of about 4 19000 yuan/ton. Compared with the first auction price of Pilbara in July 20021year 1250 USD/ton, it increased by 376%.
Prior to this, on May 20, Yichun Guo Xuan Mining Co., Ltd., the grandson company of Guo Xuan Hi-Tech Holdings, successfully won the exploration right of porcelain clay (containing lithium) mine in Shuinan mine section of Geshili mining area in Yifeng County, Jiangxi Province at a price of 460 million yuan. This is the second exploration right obtained by Guo Xuan Hi-Tech in Jiangxi. It is worth noting that Wei Mining's equity auction lasted for 6 days and 5 nights. The auction price soared from 3.35 million yuan to 2 billion yuan, and the auction price reached nearly 600 times the starting price.
"The auction transaction price of Si Nuo Weili Mine's controlling stake exceeded 2 billion yuan, and the debt under the corresponding equity was as high as 850 million yuan. The overall acquisition cost of Si Nuo Weili Mine has reached 2.85 billion yuan. It can be seen that the urgent demand for lithium resource integration in the upstream of the new energy industry chain and the shortage of lithium resources will stimulate the market and trigger the revaluation of lithium resource stocks. " Hua Li, an analyst in the non-ferrous metal industry of Galaxy Securities, said.
On the whole, the price of lithium carbonate fell back after reaching a high level in March this year, but due to the overall shortage of the market, the price of lithium remained high during the year. According to the statistics of Zhongtai Securities, last week (May 23rd to 29th), the domestic battery-grade lithium carbonate remained unchanged at 476,700 yuan/ton, the price of battery-grade lithium hydroxide stabilized at 49 1.00 yuan/ton, and the price of lithium concentrate rose by 0.4%.
Wuxi electronic lithium carbonate futures price rose by 4.4%. The agency predicts that due to insufficient imports from the supply side, the demand side needs to supplement cathode materials and lithium salt raw materials, and the lithium price will remain high in the future.
Essence Securities analyzed that on the supply side, due to the release of new production capacity of some domestic manufacturers, the overall supply of lithium salt was in a steady and rising state, but due to shipping and other factors, the import of lithium carbonate in April was less than expected; On the demand side, with the promotion of resumption of work and production, the storage in the middle reaches will come to an end since the middle and late March, and the demand for cathode procurement will obviously pick up. Low inventory brings a new round of increased purchasing demand or supports price recovery.
Galaxy Securities also said that the increase in the operating rate of new energy vehicles in downstream terminals is expected to drive the marginal improvement of lithium salt demand in the upstream of the industrial chain. At present, the inventory of lithium salt raw materials in cathode materials and battery manufacturers, which were affected by the previous epidemic and interrupted the normal production scheduling and raw material procurement and stocking, remained at a low level. With the gradual recovery of downstream demand, the overall replenishment of lithium salt in the lithium battery industry chain may drive a new round of lithium price increase.
BYD earns six lithium mines in Africa, which can meet the battery demand of 10 year. Recently, this newspaper learned exclusively that BYD has discovered six lithium mines in Africa, and all of them have reached the acquisition intention.
Sources told the newspaper that according to BYD's internal calculations, among the six lithium mines, the ore with a lithium oxide grade of 2.5% has reached more than 25 million tons, which can reach 6.5438+0 million tons when converted into lithium carbonate. At the same time, he also revealed that "from the cost point of view, the loading price per ton of lithium carbonate is definitely below 200,000 yuan."
The production capacity will cover more than 20 million pure electric vehicles.
Soochow securities research report shows that lithium carbonate consumption per GWh (654.38+100,000 kWh) of lithium iron phosphate batteries and ternary lithium batteries is about 600 tons on average. Based on the current 60-degree battery capacity of mainstream pure electric vehicles, a pure electric vehicle needs about 36kg of lithium carbonate.
In other words, if all 25 million tons of ore are mined, it can meet the power battery demand of 27.78 million 60-degree pure electric vehicles. If the hybrid vehicle with battery capacity exceeding 10 degrees is included, the capacity of the 25 million tons of ore must be at least doubled.
BYD's sales target in 2022 is 6.5438+0.5 million vehicles. Based on this calculation, the lithium mine won by BYD means that BYD has never had to cook without rice for more than ten years.
The China Automobile Association predicts that the sales volume of new energy vehicles in China will be 5 million in 2022. It is roughly estimated that these lithium mines can also cover the capacity demand for at least several years.
It is worth noting that according to the above sources, several of the six lithium mines will be shipped next month, and it is expected that these lithium can be loaded into BYD blade batteries in the third quarter of this year.
In fact, as early as 20 10, BYD participated in Zabuye Salt Lake, the largest salt lake lithium mine in China. For a long time, BYD has been accelerating the layout of upstream lithium resources. Shengxin Lithium announced on March 22nd that it plans to introduce BYD as a strategic investor. At present, the fixed-income project has been accepted by the CSRC. On May 17, Salt Lake Co., Ltd. said that BYD's 30,000-ton battery-grade lithium carbonate project in Salt Lake was undergoing a pilot test of lithium extraction technology. After the pilot test results are verified, both parties start the project through negotiation.
However, judging from the existing public information, it is the first time that BYD plans to take 6.5438+0 million tons of lithium carbonate into the bag.
Spending money is expected to cool the price of lithium.
An industry insider told this newspaper that the skyrocketing price of lithium in the past year can be explained by far exceeding the logic of supply and demand, and there is a lot of speculation and speculation behind it. Car companies are so generous under this node, which is not only a consideration of their own strategic layout, but also a rational voice representing the industry.
At the end of 2020, the price of lithium carbonate was around 50,000 yuan/ton, and with the surge in sales of 202 1 new energy vehicles, lithium carbonate once exceeded 500,000 yuan/ton in March this year. Reflected in the cost of vehicle power battery is to increase 1 10,000 yuan to 20,000 yuan.
Li Bin, chairman of Weilai Automobile, said in the earnings conference call that the price increase of lithium carbonate is more speculative; Zeng Yuquan, the chairman of Contemporary Ampere Technology Co., Ltd., even bluntly said on the investor conference call that the soaring price of lithium was "a bit like speculation".
It can be said that both car companies and battery companies are "bitter lithium prices for a long time."
It can not be ignored that the huge cost pressure of enterprises is finally transmitted to the consumer side. Since 2022, the new energy automobile market in China has experienced three obvious price increases, and in the price increase announcement, the automobile enterprises all expressed their helplessness that they could not bear the rising raw material prices. Many experts worry that frequent price increases will hurt the new energy vehicle market that has just entered the outbreak period, and eventually lithium miners will not be spared.
With the global sales of new energy vehicles hitting record highs, the status of lithium as a strategic resource has become increasingly prominent. It is understood that more and more car companies are beginning to control lithium resources, including acquiring lithium mines, seeking strategic partners, locking in supply by signing long-term agreements, and laying out lithium battery recycling systems.
"On the one hand, the new exploration volume and recoverable reserves will certainly continue to increase. In fact, lithium is abundant in natural resources. On the other hand, the scrapping tide of power batteries is coming, and the battery recycling technology is mature. In the near future, the storage of lithium will meet a large part of the demand. The supply of lithium ore has filled the increment. "
The above-mentioned insiders analyzed that "the dependence on lithium mines will be greatly reduced in the future. The situation of' sky-high lithium' is even less likely to exist for a long time, and the tide will soon recede. Waiting for these hoarders will be a chicken feather. "