Lithium hydroxide continues to trump carbonate in Korea
Lithium hydroxide net imports continued to grow in Korea in July and they’re now exceeding lithium carbonate net imports on a 12 month rolling basis. This highlights the increasing dominance of high nickel battery chemistries which require hydroxide over carbonate as their primary ingredient. This is a situation particular to Korea which doesn’t have its own lithium hydroxide manufacturing capacity. Both Japan and China, which do, have either lower hydroxide net imports or are net exporters.
Topics
Korea
Lithium Carbonate
Lithium Hydroxide
