On January 7, Sinomine Resource Group announced that its 30,000-ton-per-year high-purity lithium salt technical renovation project has completed construction and obtained trial production approval. The project commenced trial production operations on January 2, 2026, with ignition and material feeding.
PriceSeek analyzed lithium carbonate, giving it a long-short rating of -1.5. Sinomine Resource Group's 30,000-ton-per-year high-purity lithium salt project entering trial production will increase market supply, potentially putting downward pressure on spot prices of lithium carbonate.
In terms of futures, despite recent price increases in the main lithium carbonate futures contract (such as the 2605 contract, which closed at 142,300 yuan per ton, up by 5,400 yuan), the expectation of new supply is likely to restrain future price gains, exerting a generally bearish influence on futures prices.