Recently, Bolivia and Argentina announced the signing of a lithium mining development cooperation agreement to jointly promote the development of the electric vehicle industry chain. PriceSeek's analysis of lithium carbonate shows a bearish score of -1. The lithium mining development cooperation agreement between Bolivia and Argentina is expected to accelerate the growth of global lithium resource supply, exerting downward pressure on the spot price of lithium carbonate, as the increase in supply may outpace the short-term demand growth (driven by the development of the electric vehicle industry chain). Combined with the latest market data for lithium carbonate futures, such as the closing price of the main contract 2605 at 143,420 yuan/ton (as of January 9, 2026), recent price fluctuations (e.g., a decline of -220) reflect market concerns about supply expansion. Futures prices may face downward pressure, suggesting attention to short-term bearish opportunities.