Jian Xin Qi Huo·2026-02-27 01:41Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The lithium carbonate futures rose and then fell, with the total open interest increasing by 2,957. The market continued to trade on the lithium mine ban in Zimbabwe. The responses from Yahua Group, Huayou Cobalt, and Zhongkuang Resources alleviated market concerns. The spot price of electric carbon increased by 10,700 to 176,000, Australian ore rose by 90, lithium mica rose by 155, ternary remained flat, and iron lithium rose by 2,000 - 2,100. The social inventory of lithium carbonate decreased by 2,839 tons to 100,093 tons compared to before the holiday. In the short term, as the hype on the supply side cools down, lithium prices face downward pressure, but with continuous destocking of domestic social inventory and the approaching peak demand season, there is strong support below. It is recommended to wait for buying opportunities after the price correction [12]. 3. Summary by Relevant Catalogs 3.1. Market Review and Operation Suggestions - The lithium carbonate futures rose and then fell, with the total open interest increasing by 2,957. The market continued to trade on the lithium mine ban in Zimbabwe. Responses from relevant companies alleviated market concerns, leading to some long - position holders taking profits. The spot price of electric carbon, Australian ore, lithium mica, and iron lithium increased, while ternary remained flat. The social inventory of lithium carbonate decreased by 2,839 tons to 100,093 tons compared to before the holiday. It is recommended to wait for buying opportunities after the price correction [12]. 3.2. Industry News - On February 26, Yahua Group stated on the interactive platform that the Zimbabwe export ban would not affect its normal production and operation. Its Zimbabwe project meets the requirements, has resubmitted the export application, and is expected to resume export in 1 - 2 weeks. The Zimbabwean government hopes that Chinese enterprises will accelerate the construction of lithium sulfate plants, and Yahua's project has started. The previously produced lithium concentrate has been shipped back, ensuring domestic production needs [13]. - On February 26, Core Lithium Ltd. announced selling a batch of ore inventory from its idle Finniss lithium mine in Australia to Glencore at a price of $2,023 per ton for about 5,100 tons of lithium concentrate to raise funds for potential project restart. The company retains the lithium fine powder inventory for better future processing options [13][14].