China's securities regulator approves registration of lithium hydroxide futures, options

BEIJING, Nov. 6 (Xinhua) -- China Securities Regulatory Commission on Friday announced it recently approved the registration of lithium hydroxide futures and options in the Guangzhou Futures Exchange.

Lithium hydroxide is a key raw material for high-nickel ternary lithium batteries used in new energy vehicles. It also has potential applications in emerging fields, such as low-altitude aircraft and embodied Artificial Intelligence.

Market insiders said the launch of lithium hydroxide futures and options will complement the existing lithium carbonate futures and options, further expanding the risk management tools available to the lithium industry.

The Guangzhou Futures Exchange said it will make preparations for the smooth launch of futures and options for lithium hydroxide in the next step.