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The quarterly reports of the "Lithium Industry Duopoly" have been released, with Tianqi Lithium Corporation turning a profit and GANFENGLITHIUM narrowing its losses. What is the current situation of the Industry?| Interpretations
① The first quarter reports of the "Lithium Industry Twins" are out; Tianqi Lithium Corporation turns losses into profits, while GANFENGLITHIUM narrows its losses. ② Although there are certain signs of recovery on the demand side, the previous mismatch between the capacity expansion and demand in the lithium carbonate Industry has not yet ended. According to comprehensive calculations by industry Institutions, the lithium carbonate market will continue to face a fundamental pattern of oversupply in 2025.
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The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
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Guotai Junan: Lithium may find it difficult to break free from a weak pattern in the short term, while cobalt is expected to stabilize and gradually rise.
The cobalt company has diversified into the downstream manufacturing of electric vehicles, creating an integrated cost advantage in cobalt-nickel-precursor-tri-metal systems, which enhances competitive barriers.
big bag2 : Not sure how much will be charged, haha.