Lithium carbonate demand
Lithium carbonate demand will grow rapidly. Lithium carbonate is the lithium used in the production of other lithium products in the initial raw materials, the most promising direction for the application of new electric vehicle in lithium batteries. Inorganic salt annual report statistics from the Asian perspective, in 2006 the global lithium carbonate demand of 83,800 tons, with the lithium batteries power batteries in the field of consumer electronics continued to expand, as well as the upsurge in 2007 the global lithium carbonate demand for more than 90,000 tons, an increase of about 8%, expected future demand will maintain this growth, by 2010 to reach 115,000 tons.
With the new energy revolution, and improve environmental protection requirements, lithium batteries as a power batteries will become increasingly feasible, once accepted by the promotion of lithium electricity demand will be several times the growth of even a few times. The main raw material for lithium is lithium carbonate, the core product is the lithium electrolyte and anode and cathode materials. It is estimated that each new type of electric vehicle to be about 0.03 tons of lithium carbonate, assuming that since 2009 the world added 1% of passenger cars use lithium batteries, 1 percent on a yearly basis thereafter.
By 2007 the scale of global production and sales of about 50 million as the base, By projection, annual demand will reach tens of thousands of tons of lithium carbonate. At present, the global lithium carbonate supply and demand balance, as a result of the new motive power and the emergence of demand growth by leaps and bounds, lithium carbonate supply and demand balance will be completely shattered. The rapid expansion of market size, the existing lithium carbonate production enterprises will bring revolutionary changes.