February 11th News — Zijin Mining Group recently announced its three-year production plan and long-term goals, with lithium production guidance raised to 120,000 tons, a year-on-year increase of 380%. Chempricehub analyzed lithium hydroxide, with a long-short score of -1.5. Zijin Mining has raised its lithium production target to 120,000 tons, a 380% year-on-year increase, indicating a significant expected increase in lithium hydroxide supply. As a key raw material for lithium batteries, the risk of oversupply is rising, which may drive down spot prices. The market supply-demand balance is leaning towards a looser state, with significant bearish factors, though the impact will gradually become apparent as the production plan unfolds.