Sou Hu Cai Jing·2026-01-05 03:31Core Viewpoint - The lithium extraction sector from salt lakes is experiencing significant upward momentum, driven by strong market sentiment and policy support, with leading companies like Salt Lake Co. and Cangge Mining showing robust performance and attracting investor interest [1][2]. Group 1: Market Performance - The salt lake lithium extraction sector has shown notable volatility and upward movement, with key players like Salt Lake Co. hitting the upper limit of stock prices, serving as a market sentiment indicator [1] - Cangge Mining has reached new highs, reflecting strong investor demand for quality salt lake lithium extraction stocks [1] - Other companies in the sector, including Beijiete, Yiwei Lithium Energy, Chuanheng Co., and others, have also seen synchronized gains, indicating a broad-based rally [1] - Overall trading volume in the sector has significantly increased compared to the previous trading day, providing solid support for price increases [1] Group 2: Policy and Supply-Demand Dynamics - The salt lake lithium extraction sector is set to benefit from government policies aimed at promoting supply-side reforms in the lithium battery upstream, particularly favoring integrated companies with their own lithium resources [2] - By 2026, the global lithium market is expected to shift from surplus to a tight balance, with the surplus narrowing from 140,000 tons in 2025 to approximately 30,000 tons, driven by surging demand in energy storage and resilient growth in electric vehicles [2] - The anticipated price range for lithium carbonate in 2026 is projected to be between 80,000 to 120,000 yuan per ton, with potential for prices to exceed 120,000 yuan in the latter half of the year [2] Group 3: Technological Advancements - Continuous breakthroughs in lithium extraction technology are accelerating the industry's green transformation, with upcoming exhibitions showcasing efficient extraction methods and environmental equipment [3] - Domestic companies have achieved significant technological advancements, enhancing lithium recovery rates and reducing production cycles, which contribute to cost reduction and efficiency improvements [3] Group 4: Demand Growth in Related Industries - The rising demand for lithium in the electric vehicle and energy storage sectors is expected to drive rigid growth in lithium requirements, supported by government subsidies and tax reductions for domestic lithium mining companies [4] - The lithium extraction sector's output will provide stable and low-cost raw materials for the power battery industry, aiding in cost reduction and efficiency improvements [4] - The stabilization and recovery of lithium prices will enhance profitability for lithium salt processing companies and provide stable support for cathode material industries [4]