Ge Long Hui A P P·2025-11-21 02:00Core Viewpoint - Lithium mining stocks experienced a collective pullback after a period of continuous increase, with significant declines observed in various companies, while lithium carbonate prices saw a notable drop [1] Lithium Mining Sector Summary - Major lithium stocks such as Weiling Co., Jinyuan Co., Shengxin Lithium Energy, and others hit the daily limit down, with declines ranging from 5% to 10% [1] - Lithium carbonate futures contracts fell by 7%, reaching a price of 93,000 yuan per ton [1] Price Forecasts - BMI, a subsidiary of Fitch Solutions, projects that the average price of lithium carbonate in China will reach $10,100 per ton by 2025, and lithium hydroxide will average $9,700 per ton, both higher than previous expectations [1] - The optimistic price outlook is supported by demand driven by energy transition and supply reductions in China, although there are concerns about potential downward pressure on lithium prices due to expected supply restarts by the end of the year [1]