8月8日，2025中国（宜春）锂电产业大会在"亚洲锂都"江西宜春召开。"反内卷"正从终端环节向上游传 导，，江西、青海等地已开始规范涉锂资源生产，从政策端帮助行业收缩产能。据了解，7月14日，宜 春市自然资源局下发通知，要求当地8家涉锂矿山企业编制储量核实报告，并在9月30日前完成报告编 制。监管部门正在加快治理锂资源违规开发现象。 有色龙头ETF（159876）成份股于6月27日公告，为进一步降低锂盐业务生产成本，加速推进智能制造 转型升级，深化绿色低碳发展模式，下属全资公司中矿资源（江西）锂业有限公司拟对年产2.5万吨锂 盐生产线进行综合技术升级改造，投资建设年产3万吨高纯锂盐技改项目，停产检修及技改时间约为6个 月。 未来产业'金属心脏'，现代工业'黄金血液'！按照申万三级行业口径，截至7月底，有色龙头ETF （159876）及其联接基金（A类：017140，C类：017141）被动跟踪的中证有色金属指数中，铜、铝、 黄金、稀土、锂行业权重占比分别为24.5%、15.3%、14.4%、11.5%、8.2%，相对于投资单一金属行 业，能够起到分散风险的作用，适合作为投资组合的一部分进行配置。 风险提示：有 ...

Core Viewpoint - The recent suspension of lithium mining operations in Yichun, Jiangxi, particularly by Ningde Times, has significantly impacted lithium carbonate prices, leading to a surge in market activity and price increases [1][2][6]. Group 1: Company Impact - Ningde Times' subsidiary, Yichun Times New Energy Mining Co., has halted operations at the Zhenkouli-Fengxin County mining area due to the expiration of its mining license, which was initially obtained on August 9, 2022, and is set to expire on August 9, 2025 [1][5]. - The company has stated that the suspension will not significantly affect its overall operations and is in the process of applying for a mining license extension [1][4]. - The suspension is expected to impact the supply of lithium carbonate, with estimates suggesting a potential reduction of 7,000 to 8,000 tons of lithium carbonate equivalent per month due to similar issues faced by other lithium mines in the region [6]. Group 2: Market Reaction - Following the news of the mining suspension, lithium carbonate futures surged, with the main contract rising by 8% to 81,000 CNY per ton on August 11 [2][3]. - Australian lithium stocks experienced significant gains, with Liontown Resources up over 22% and Pilbara Minerals up over 17% [3]. - Hong Kong-listed lithium mining stocks also saw increases, with Tianqi Lithium up 15% and Ganfeng Lithium up over 12% [4]. Group 3: Regulatory Context - The new Mineral Resources Law, effective July 1, 2025, will classify lithium as an independent mineral and raise the standards for recognizing associated minerals, which may affect resource tax calculations and mining economics [4][6]. - The need for companies to balance mineral reclassification, resource tax payments, and technological upgrades is highlighted as a potential reason for the mining suspension [4]. Group 4: Supply and Demand Dynamics - As of August 8, the average market price for battery-grade lithium carbonate was 72,000 CNY per ton, reflecting a 0.91% increase since August 1 [7]. - The total inventory of lithium carbonate as of August 7 was 142,400 tons, with upstream smelting plants reducing inventory by 9,590 tons [7]. - Market demand is showing signs of recovery, with increased purchasing activity noted in August, although actual transactions remain primarily driven by rigid demand [7].

Industry Investment Rating - The investment rating indicates that the lithium carbonate industry is showing a relatively strong trend, with a trend strength of 1 [6]. Core View - The lithium carbonate market is expected to remain strong due to factors such as the shutdown of a large mine in Jiangxi and government support for lithium mining projects [2][6]. Summary by Relevant Catalogs Fundamental Tracking - **Futures Contracts**: The 2509 and 2511 contracts of lithium carbonate showed price increases, with the 2509 contract closing at 76,640 and the 2511 contract at 76,960. Trading volume and open interest also changed significantly [4]. - **Spot and Basis**: The spot prices of battery - grade and industrial - grade lithium carbonate increased. The basis between spot and futures contracts and between different futures contracts also showed various changes [4]. - **Raw Materials and Lithium Salts**: The prices of raw materials such as lithium spodumene concentrate and lithium mica increased, as did the prices of lithium salts like battery - grade and industrial - grade lithium carbonate [4]. - **Downstream Products**: The prices of downstream products such as lithium iron phosphate and ternary materials also showed different degrees of change [4]. Macro and Industry News - **Price Increase**: The SMM battery - grade lithium carbonate index price rose to 71,961 yuan/ton, with battery - grade and industrial - grade lithium carbonate prices also increasing [5]. - **Mine Shutdown**: The mining end of Ningde Times' Jiaxiaowo Mine will stop production, with no short - term复产 plan [6]. - **Government Investment**: The Australian government will invest 50 million Australian dollars in Liontown Resources to enhance key mineral supply capacity [6].

| 8.68 | 10.01% 卖 1 | | | | --- | --- | --- | --- | | | 三1 | 分时成交 ▼ | 8.68 80.7万 | | | 9:34 | 8.68 | 234 | | | 9:34 | 8.68 | 166 | | 7.89 | 9:34 | 8.68 | 265 | | | 9:34 | 8.68 | 342 | | | 9:34 | 8.68 | 175 | | | | | 9:34 | 8.68 | 520 | | --- | --- | --- | --- | --- | --- | | 7.10 | | -10.01% | 9:34 | 8.68 | 340 | | | | | 9:34 | 8.68 | 182 | | MACD | DIF:0.000 DEA:0.000 M:0.000 | | 9:34 | 8.68 | 1064 | | 0.000 | | V | 9:34 | 8.68 | 375 | | | | | 9:34 | 8.68 | 104 | | 0.000 | | | 9:35 | 8.68 | 271 | | | | | 9 ...

天风证券认为，此次宁德锂矿争议落地，对江西地区后续类似问题有代表性意义，碳酸锂供给收缩预期 加剧，或迎来价值重估。财通证券分析称，江西多个锂矿或因矿证审批流程也面临停产可能，或导致每 月7000至8000吨碳酸锂当量受到影响。瓷土矿转锂土矿对应税率也将大幅提高成本，叠加9-11月传统旺 季供需更紧，多重因素推高碳酸锂价格。建议关注锂矿资源相关标的。 本文源自：智通财经网 智通财经获悉，锂业股早盘高开，截至发稿，天齐锂业(09696)涨14.97%，报47.16港元；赣锋锂业 (01772)涨11.24%，报31.28港元。 消息面上，碳酸锂期货主力合约今日开盘涨停，报81000元/吨。据期货日报报道，8月9日，记者从市场 各方及宁德时代相关人士处交叉求证获悉，宁德时代枧下窝矿区采矿端将于当晚12时停产。自8月10日 起，该矿区采矿端就开始停产了，且短期内没有复产计划。今早，宁德时代在互动平台表示，公司在宜 春项目采矿许可证8月9日到期后已暂停了开采作业，正按相关规定尽快办理采矿证延续申请，待获得批 复后将尽早恢复生产，该事项对公司整体经营影响不大。 ...

Market Overview - On August 11, 2025, A-shares showed mixed performance with over 2900 stocks rising, while sectors like communication, building materials, and electronics led the gains, and comprehensive, banking, and public utilities sectors weakened [1] Lithium Industry Insights - The main contract for lithium carbonate futures opened at a limit-up price of 81,000 yuan per ton [1] - The shutdown of the Jiangxia Wokeng mining area by CATL (300750) on August 10, 2025, indicates a supply contraction and price volatility in the short term, exacerbating corporate pain [1] - The current turmoil in the lithium industry represents a transition from "global capacity first" to "global quality first," marking a painful yet necessary phase for the industry's healthy development [1] New Energy ETF Launch - The Huaxia New Energy ETF (159368) is the first ETF tracking the new energy index on the ChiNext board, covering sectors such as solar, wind, biomass, nuclear energy, and components of the new energy vehicle industry [1] - This ETF is driven by both elasticity and growth, providing new investment opportunities in the new energy sector [1] Fee Structure of New Energy ETF - The management fee for the Huaxia New Energy ETF is 0.15%, and the custody fee is 0.05%, totaling only 0.2%, which is the lowest among similar products [2] - This low fee structure facilitates quick investment opportunities for those optimistic about future developments in the new energy sector [2]

有色龙头ETF（159876）成份股中矿资源于6月27日公告，为进一步降低锂盐业务生产成本，加速推进智能制造转型升级，深化绿色低碳发展模式，下属全 资公司中矿资源（江西）锂业有限公司拟对年产2.5万吨锂盐生产线进行综合技术升级改造，投资建设年产3万吨高纯锂盐技改项目，停产检修及技改时间约 为6个月。 8月10日，宁德时代旗下的宜丰县圳口里—奉新县枧下窝矿区采矿端于当晚12点停产，或成为国内锂矿减产标志性事件，也是本轮反内卷又一标志性事件。 业内人士指出，若停产持续，将导致每月约 0.8 万吨 LCE的供应量缺失，约占国内碳酸锂月度供应总量的 8%，这一供应缺口在短期内将对碳酸锂价格形成 有力支撑。 8月8日，2025中国（宜春）锂电新能源产业大会在"亚洲锂都"江西宜春召开。"反内卷"正从终端环节向上游传导，，江西、青海等地已开始规范涉锂资源生 产，从政策端帮助行业收缩产能。据了解，7月14日，宜春市自然资源局下发通知，要求当地8家涉锂矿山企业编制储量核实报告，并在9月30日前完成报告 编制。监管部门正在加快治理锂资源违规开发现象。 未来产业「金属心脏」，现代工业「黄金血液」！按照申万三级行业口径，截至7月底， ...

每经AI快讯，8月11日，锂矿股早盘大幅走强，江特电机涨停，中矿资源、盛新锂能、永衫锂业、天齐 锂业等涨超7%。消息面上，宁德时代宜春项目采矿许可证8月9日到期后已暂停开采作业，正按相关规 定尽快办理采矿证延续申请。 ...

Group 1 - Tianqi Lithium (09696.HK) increased by 11.41% on August 11 [1] - Ganfeng Lithium (01772.HK) rose by 9.89% on the same day [1] - Hongqiao Group (08137.HK) saw a gain of 7.02% [1] - BYD Electronics (00285.HK) experienced a rise of 4.34% [1] Group 2 - CATL announced on August 11 that the mining license for the Yichun project expired on August 9, leading to a suspension of mining operations [1] - The company is in the process of applying for the renewal of the mining license according to relevant regulations [1]

沪指涨0.05%，深成指涨0.27%，创业板指涨0.13%。 （更新中） 09:36 锂矿概念大涨 江特电机、永杉锂业涨停 江特电机、永杉锂业一字涨停，天齐锂业涨近6%。消息面上，宁德时代8月11日在互动平台表示，公司在宜春项目采矿许可证8月9日到期后已暂停了开采作 业，正按相关规定尽快办理采矿证延续申请，待获得批复后将尽早恢复生产，该事项对公司整体经营影响不大。 | #湖股份 | 融捷股份 | 赣锋锂业 | 雅化集团 | 中矿资源 | 盛新锂能 | 天齐锂业 | 永杉锂业 | 江特电机 | 名称 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 19.40 | 37.61 | 38.17 | 14.81 | 41.32 | 17.63 | 43.26 | 11.34 | 8.68 | 现价 | | 3.52% | 3.38% | 3.64% | 3.86% | 4.85% | 5.19% | 5.95% | 9.99% | 10.01% | 涨跌幅 | 09:26 A股开盘｜三大指数集体高开 锂矿板块集体大涨 三大指数集体高开 ...