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[the company was put on file for investigation! Lithium mining insurance has been shut down! Material leader 2 billion "anti-killing"] on the evening of April 7, Jiangte Motor (002176) issued an announcement that it plans to work with its wholly-owned subsidiary Jiangxi Jiangte Mining Development Co., Ltd. (hereinafter referred to as: Jiangte Mining) to build an annual lithium mining and separation project with an annual production capacity of 3 million tons and an annual output of 20, 000 tons of lithium salt, with a total investment of about 2 billion yuan. At the same time, Jiangte Mining signed an investment project contract with the Yifeng county government to protect the smooth development of the project. ....
[northeast Securities: the contradiction between supply and demand in the off-season is still optimistic about the high continuity of lithium prices] in the short term, the contradiction between supply and demand is difficult to solve. On the demand side, the new capacity downstream continues to climb, the procurement demand is strong, and the smooth transmission of lithium prices is expected to continue to rise or continue to be high; on the supply side, the maintenance range of large factories is obvious, and some smelters reduce and stop production due to the influence of the Winter Olympic Games, and the shortage of lithium resources continues. Some smelters have stopped production due to lack of ore, and the price of lithium resources is high and difficult to find, and the shortage of supply is difficult to alleviate. ....