CITIC Securities: The current lithium price has been oversold, and the lithium sector is expected to Rebound

GoldenOctober2024

2024-11-11 00:51:55

On November 11, CITIC Securities Research Report said that the decline in lithium prices in 24Q3 led to the expansion and reduction of overseas lithium mines, and some mining companies sold assets to recoup funds. We believe that Australian lithium mines have begun to lose cash, and more lithium mines will reduce production in the future, so we have lowered the oversupply of the lithium industry in 2026 to 25,000 tons, and the fundamentals of the lithium industry have improved in the short term.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments