国泰君安表示，锂价于2024年底已经进入探底区间，2025年如需求维持当前中性估计，锂价将进入底部区间震荡。当前看市场对2025年需求持乐观态度，且行业供给已经放缓增速。预计2025年锂价走势在底部区间震荡，其中阶段受季节因素影响，有较强反弹机会和空间。Lithium stocks fell in early trading. As of the time of writing, GANFENGLITHIUM (01772) is down 4.2%, trading at 21.65 Hong Kong dollars; Tianqi Lithium Corporation (09696) is down 3.21%, trading at 25.65 Hong Kong dollars.
According to Zhituo Finance APP, lithium stocks fell in early trading. As of the time of writing, GANFENGLITHIUM (01772) is down 4.2%, trading at 21.65 Hong Kong dollars; Tianqi Lithium Corporation (09696) is down 3.21%, trading at 25.65 Hong Kong dollars.
In news, Rio Tinto announced on December 12 that it has approved an investment of 2.5 billion U.S. dollars to expand the Rincon lithium project in Argentina. The annual production capacity of Rincon is 60,000 tons of Battery-grade lithium carbonate, consisting of a 3,000-ton startup plant and a 57,000-ton expansion plant. The expansion plant is planned to begin construction in mid-2025, pending permits. It is expected to begin production in 2028, reaching full production after three years of ramp-up.
GTJA stated that lithium prices had already entered a bottom range by the end of 2024. If demand remains neutral as estimated currently in 2025, lithium prices will fluctuate within the bottom range. The market currently holds an optimistic view on demand for 2025, and supply in the Industry has already slowed its growth rate. It is expected that lithium prices will fluctuate within the bottom range in 2025, influenced by seasonal factors, with strong chances and space for rebounds.
