Group 1 - Lithium carbonate futures prices have been rising since late June, with a notable rebound in the market, indicating potential improvements in the fundamentals of "white oil" [1] - As of July 23, the domestic battery-grade lithium carbonate price reached 70,650 yuan per ton, a 17.8% increase compared to the price on June 23 [1] - The Yichun Natural Resources Bureau has mandated local lithium mining companies to prepare resource verification reports by September 30, signaling a regulatory tightening in the lithium industry [1] Group 2 - The mining rights for the salt lake potassium-magnesium mine held by Zangge Mining's subsidiary only permit potassium salt extraction, lacking the necessary licenses for lithium resource extraction, indicating a trend towards legal compliance in lithium mining [2] - There are concerns regarding the expiration of the lithium mica mining license for Ningde Times on August 9, which may affect its ability to continue operations [2] - The Ministry of Natural Resources has outlined that it will oversee the registration of mining rights for lithium and other strategic minerals, indicating a shift in regulatory oversight [2] Group 3 - Zangge Mining's subsidiary has been ordered to cease operations due to its mining rights only covering potassium salt and not lithium, raising questions about Ningde Times' future mining capabilities [3] - Jiangte Motor announced that its subsidiary, Yichun Yinli New Energy, will initiate a 26-day maintenance shutdown affecting all lithium salt production lines, amidst rumors of other domestic and international mines reducing output [3] - Despite improvements in supply expectations, actual industry inventory remains high and is slightly increasing due to weak demand, with analysts predicting a narrowing supply-demand gap for lithium carbonate by 2025 [3]