Zhi Tong Cai Jing·2025-12-18 07:31Core Viewpoint - Lithium mining stocks experienced a decline today, with Ganfeng Lithium down 2.02% and Tianqi Lithium down 0.77, reflecting market volatility influenced by regulatory changes and supply-demand dynamics in the lithium market [1] Group 1: Market Performance - Ganfeng Lithium (002460)(01772) fell by 2.02%, trading at 50.85 HKD [1] - Tianqi Lithium (002466)(09696) decreased by 0.77%, trading at 48.96 HKD [1] Group 2: Regulatory Impact - The Yichun Natural Resources Bureau announced plans to revoke mining permits for 27 mining sites, including the Wuqiao Porcelain Stone Mine, based on relevant laws [1] - Most of the mining permits affected were for kaolin and porcelain clay mines that were set to expire before 2024, and the related mines had already ceased operations, indicating limited impact on the current lithium carbonate market supply-demand balance [1] Group 3: Market Sentiment and Future Outlook - Huabao Futures noted that the market sentiment remains tight due to a balanced supply-demand situation, compounded by recent news of overseas resource recovery and domestic lithium mining capacity developments [1] - The ongoing disputes over mining rights at the Shiziling site and the approval of the Velasto project are contributing to increased market speculation [1] - Considering the potential release of future capacities and the current net short positions, short-term price fluctuations may be amplified [1]