Looking at the trend of lithium prices in the first half of the year, the ton price of lithium carbonate has been hovering between 0.09 million yuan and 0.12 million yuan due to factors such as weak downstream demand, and price continues to be a key word in the lithium carbonate market in the first half of the year. The bottoming out of lithium prices directly affects the performance of lithium mining companies. It is not difficult to see from the performance forecast for the first half of 2024 recently disclosed by many industry companies such as Tianqi Lithium, Ganfeng Lithium, Yongy Co., Ltd., and Qinghai Salt Lake Industry that the downward trend of lithium prices not only greatly weakens the profit-making ability of upstream mining companies, some companies even expect losses due to the sluggish prices. How will the future trend of lithium prices, which determine the fate of upstream mining companies, go? In this regard, some insiders familiar with the lithium salt industry believe that based on the situation of new production capacity in the second half of the year and downstream power battery demand, lithium prices will not undergo large fluctuations and low-level operation may highlight the competitive advantages of companies with cost advantages in lithium extraction from salt lakes and those with high-quality self-owned mines. (Shanghai Securities News)