Analysis and forecast of the general situation and production and operation of lithium extraction enterprises in South America salt lake from 2019 to 2025
May,25,20
Analysis and forecast of the general situation and production and operation of lithium extraction enterprises in South America salt lake from 2019 to 2025 
One , General situation of lithium extraction enterprises in South America Salt Lake The main salt lake resources in the world are concentrated in Chile, South America , Argentina , Bolivia and other countries 。 Among them, salardeatacama (Atacama) salt lake in Chile has been put into commercial production , Salarde humbre Muerto Salt Lake in Argentina , Salardeolaroz Salt Lake, etc , To be developed is caucari olaroz salt lake , Salardevida Salt Lake, etc 。 In addition, Qinghai, China , Saline Lake resources in Tibet are also one of the important suppliers of lithium resources in the world 。 Global main salt lake resources Market survey and Development Trend Research Report of China's lithium mining and utilization industry in 2019-2025 South American salt lake lithium extraction enterprises mainly include Chile mining and chemical industry (SQM) , Albemarle (Yabao) , Livent (former FMC) and orocobre 。 Among them, the lithium business of sqm and Yabao relies on Atacama salt lake , Livent relies on the hombremuerto Salt Lake , Orocobre relies on olaroz Salt Lake 。 The above Salt Lake enterprises are not only the main producers of brine raw materials , At the same time, the downstream lithium smelting capacity is matched , It is also a global lithium chemical product (lithium carbonate , Major suppliers of lithium hydroxide) 。 General situation of lithium extraction enterprises in salt lakes of South America corporate name Resource area Main products and output SQM Atacama Salt Lake , Chile The main product is lithium carbonate , Lithium hydroxide , lithium chloride , At present, the capacity of lithium is 70000 tons , Sales volume of lithium products in 2018: 45100 tons Albemarle (Yabao) Atacama Salt Lake , Chile The main product is lithium carbonate , Lithium hydroxide , Lithium metal , Butyl lithium and other products , Currently, it has a capacity of 65000 tons of lithium carbonate Live (original FMC) Salarde humbre Muerto Salt Lake Argentina The main product is lithium hydroxide , Deep processing products such as lithium carbonate and butyl lithium , At present, it has a capacity of 18500 tons of lithium hydroxide Orocobre Salardeolaroz Salt Lake Argentina The main product is battery grade lithium carbonate , At present, the production capacity is 17500 tons , Production in 2018: 11500 Data source: public data sorting South American salt lake lithium extraction enterprises account for more than half of the global lithium supply 。 Year 018 , Yabao , SQM , Four salt lake lithium extraction enterprises, Livent and orocobre, have totally produced 158000 tons of lithium chemical products , 
52.4% of global lithium supply 。 With the expansion of these four enterprises , It is expected that the position of salt lake lithium extraction enterprises in the global lithium industry supply pattern will remain stable in the future 。 Production of major global lithium producers in 2010-2018 (unit: 10000 tons) Data source: public data sorting Global market share of lithium chemical products in 2018 Data source: public data sorting In the future, the capacity expansion of salt lake lithium extraction enterprises in South America is as follows: 1) sqm plans to increase its lithium carbonate capacity in Chile's Atacama salt lake to 120000 tons , Expected to be put into operation in the second half of 2021 , At the same time, 40000 tons of lithium hydroxide capacity will be built in the mtholland project in Australia , The production time is to be determined; 2) Yabao plans to increase the capacity of lithium carbonate in Chile by 40000 tons to 85000 tons in 2021 , Capacity of lithium hydroxide will increase by 20000 tons in 2020 , In the future, with the kemerton project put into operation, 100000 tons will be added in the long term; 3) Livent plans to increase the capacity of lithium carbonate by 9500 tons in 2020 , Lithium hydroxide 5000 tons , Long term capacity of lithium carbonate: 60000t , The capacity of lithium hydroxide is 55000 tons (lithium carbonate produced by Livent is mainly used to produce lithium hydroxide by itself , The proportion of foreign sales is small); 4) orocube plans to add 25000 tons of lithium carbonate capacity in 2020 , And plans to add 10000 tons of lithium hydroxide capacity , Production time to be determined 。 Lithium carbonate production cost of South American salt lake lithium extraction enterprise is at the lowest level in the world 。 It can be seen from the global production cost curve of lithium carbonate , The cost of South America salt lake brine for lithium carbonate production is about 5 USD / kg , Lower cost than the world's best spodumene mine greenbushes 。 In the future, the expansion of lithium extraction enterprises in Salt Lake will gradually increase the proportion of low-end cost curve , The center of global lithium cost curve is expected to move down 。 main Capacity expansion of salt lake lithium extraction enterprises (unit: 10000 tons) Data source: public data sorting Global production cost curve of lithium carbonate Data source: public data sorting Two , 2019q3 production and operation of South America Salt Lake Albemarle: third quarter sales revenue growth , Albemarle is a leading company in the global lithium industry , The company has many lithium salt lakes , Mining rights of lithium mine and its location in North America , Asia , Lithium carbonate in many parts of Oceania , Lithium hydroxide production plant 。 Salt lake lithium resources in Yabao are mainly salardeatacama Salt Lake in Chile and silverpeak base in the United States , Ore lithium resources are mainly greenbushes lithium and wodgina lithium in Australia 。 Global lithium resource project and lithium capacity layout of Yabao Data source: public data sorting Yabao's lithium mining right in Atacama Salt Lake comes from a long-term agreement with the Chilean government , Due 2043 。 Yabao has a mining right of 16700 hectares of Atacama salt lake , Lithium metal reserves are about 720000 tons , Equivalent to about 3.83 million tons of lithium carbonate , Lithium concentration 0.16% , Magnesium lithium ratio is 6.4 。 After obtaining lithium salt water , It is processed into lithium carbonate and lithium chloride at the nearby La Negra plant 。 The third quarter of 2019 , The revenue of Yabao lithium business is USD 330 million , 22% year-on-year growth; adjusted EBITDA of $128 million , 12% year on year growth 。 Price of lithium products of 2019q3 company was flat in the same period last year 
