Lates News

CITIC Securities published a research report stating that the decline in lithium prices in the first quarter of 2025 has slowed down, leading to a slight recovery in overseas lithium mine prices and improved operations of salt lake enterprises, but the supply side is slowly clearing out. Since the second quarter, as lithium prices have fallen to 60,000 yuan/ton, industry losses have significantly increased, with expectations of mine production cuts and price rebounds. However, the demand for cost reduction and maintaining market share by mines has led to production cuts less than expected, and it is anticipated that lithium prices will enter a difficult bottoming process. CITIC Securities has adjusted its forecast for the operating range of lithium prices in the second half of 2025 to 60,000-70,000 yuan/ton, and recommends focusing on low-cost assets that may benefit from the bottoming out and rebound of lithium prices.