Monthly production capacity of lithium iron phosphate doubled, and lithium carbonate prices fell sharply

According to SMM statistics, as of December 2023, my country's monthly production capacity of lithium iron phosphate will reach 356,000 tons, an increase of 178,000 tons from December 2022, an increase of 101.5%. During the same period, the price of battery-grade lithium carbonate dropped from 510,000 yuan/ton to 100,000 yuan/ton.