ENERGY TECHNOLOGY: There is still room for a decline in lithium sulfide prices in the future

ENERGY TECHNOLOGY stated in an investor relations event that there are three main process routes for lithium sulfide production: solid-phase method, gas-phase method, and liquid-phase method. The solid-phase method is safe and suitable for mass production, and can utilize lithium iron phosphate equipment; the gas-phase method has a simple process but requires high safety standards; the liquid-phase method has reusable equipment but has strict environmental assessment requirements. With the maturity of the process, the improvement of the industrial chain, and large-scale supply, there is still room for a decline in lithium sulfide prices in the future. The carbon thermal reduction route adopted by the company has high scalability and is expected to reduce costs through economies of scale