January 23 — Chizhou Tianci High-tech New Materials Co., Ltd. plans to invest 315.01 million yuan to expand its "Annual Production of 150,000 Tons of Lithium Battery New Materials Project" to an "Annual Production of 280,000 Tons of Lithium Battery New Materials Project" through technological upgrades and capacity expansion. Chempricehub's analysis of lithium carbonate shows a long-short rating of -1.5. Chizhou Tianci High-tech New Materials Co., Ltd. plans to increase its lithium battery new materials project capacity from 150,000 tons to 280,000 tons per year, representing an 87% increase, which will significantly boost lithium carbonate supply. The rise in supply exerts downward pressure on spot prices, potentially leading to price declines. Data from the lithium carbonate futures market indicates that the main contract 2605 closed at 168,780 yuan per ton, up by 4,580 yuan, with open interest rising to 436,686 lots, reflecting the current bullish sentiment in the market. However, the expansion news reinforces expectations of a future supply surplus, which may curb the upward momentum of futures prices, particularly exerting downward pressure on contracts such as 2607 and beyond. The rating of -1.5 indicates a relatively strong bearish outlook, as the expansion is substantial but not immediately implemented, placing its impact between moderate and significant.