The overall domestic copper cathode output in May was at a low level due to the intensive maintenance. Although two smelters in Shandong resumed production in May, the production of copper did not resume.
In June, new production capacity will keep ramping up the production, and salt lake production is expected to peak in the month, so the total output may still increase. Lithium carbonate production in June is expected to be 31,128 mt, up 6% Mom and 37% YoY.