January 16th News Recently, the PT ABEB plant, a China-Indonesia cooperative battery material project, commenced operations in Indonesia, with a planned annual production capacity of 20,000 tons of ternary precursor materials. Chempricehub's analysis of lithium carbonate indicates a bullish-bearish score of 1.5. The commissioning of the 20,000-ton ternary precursor material project under the China-Indonesia cooperation will directly boost the demand for lithium carbonate, as ternary precursor is a key raw material for lithium-ion batteries, and lithium carbonate, as a core component, will see increased demand, which is favorable for strengthening spot prices. Considering recent data on lithium carbonate futures (such as the closing price of the main contract 2605 at 163,220 yuan per ton, with high open interest but price volatility), the anticipated demand growth may support medium- to long-term upward movement in futures prices, despite short-term declines in some contracts due to market sentiment.