Lockdown at Chile has yet to affect exports of lithium salt
Chile has closed its borders from April 5 to May 1 to control the widespread of Covid-19, only allowing international transportation for emergency, humanitarian or medical purposes. The lockdowns in Chile have not affected the exports of lithium salt. Shipments from major manufacturers have been smooth, but it cannot be ruled out that future shipments may be affected by the delay of shipping schedules. According to SMM calculations, its imports from Chinese lithium carbonate account for about 20-25% of the overall supply (domestic production + total imports). If the pandemic situation continues to worsen, exports may be delayed and supply to China will be tightened. SMM will continue to follow up on the impact of the lockdowns.