华安证券指出，近日海外减产挺价信号不断，澳洲锂矿商Pilbara宣布将与12月1日开始对Ngungaju工厂进行维护，并下调了2025财年锂精矿产量，另一巨头Liontown也宣布减产计划，下调了2027财年末的矿石产量预期。短期内锂矿收缩预期升温以及实际价格出现改善对电力设备中的电池等锂相关板块形成有力支撑。但从明年看，锂的供需端仍存在一定不确定性。The lithium sector stocks rose in early trading. As of the time of publication, ganfeng lithium (01772) rose by 4.79% to HK$25.15; tianqi lithium corporation (09696) rose by 3.52% to HK$27.95.
Zhongtong Finance APP learned that the lithium sector stocks rose in early trading. As of the time of publication, ganfeng lithium (01772) rose by 4.79% to HK$25.15; tianqi lithium corporation (09696) rose by 3.52% to HK$27.95.
On the news front, MIN announced that considering the continuous low price of lithium concentrate, the company will transition the Bald Hill lithium mine to maintenance status starting from the week of November 13. Mining operations will stop from November 13. The company expects the lithium spodumene beneficiation plant to suspend operation in December 2024. The shipment volume of Bald Hill lithium concentrate for the 2025 fiscal year has been revised down from 0.12-0.145 million dry metric tons to about 0.06 million dry metric tons. The company expects to sell the final batch of lithium concentrate in December.
Huaan Securities pointed out that in recent days, overseas production cuts have continuously sent price support signals. Australian lithium mining company Pilbara announced it will start maintenance at the Ngungaju plant from December 1 and has reduced the lithium concentrate production for the 2025 fiscal year. Another giant, Liontown, also announced production cut plans and lowered the ore production expectations at the end of the 2027 fiscal year. The short-term expectation of lithium mine contraction and actual price improvement provide strong support for lithium-related sectors in power equipment such as batteries. However, looking into next year, there still exists some uncertainty in the supply and demand side of lithium.
