Frequent good news on performance and stable lithium prices in the "comfort zone" Lithium carbonate industry may welcome new changes

A-shares lithium mining sector reports positive earnings for 2025 one after another, and the lithium carbonate industry, which was once in a downturn, is signaling a strong “recovery.” Leading companies such as Tianqi Lithium, Ganfeng Lithium, and Salt Lake Shares have successively delivered profit growth reports, driven mainly by the stabilization and rebound of lithium carbonate prices due to explosive downstream energy storage demand. The reporter’s review found that since 2026, domestic battery-grade lithium carbonate prices have stabilized around 150k yuan per ton. Standing in this industry-recognized “comfortable zone” price not only allows most lithium mining companies to achieve stable profits but also alleviates cost anxiety in the energy storage industry. From the perspectives of lithium carbonate inventory, supply growth rate, and downstream demand, industry insiders generally believe that in 2026, the lithium carbonate market may present a pattern of “tight balance throughout the year with quarterly structural mismatches.” Industry competition is shifting from “general price increases and profit-making” to “resource dominance and cost leadership,” with two types of companies expected to continue leading in the industry reshuffle. (Shanghai Securities News)