After opening on Monday, lithium carbonate opened higher, leading the non-ferrous metals sector, with the biggest increase of more than 6% during the day. Judging from the upward logic, according to information from the Chinese Government Network, the State Council recently issued the “Action Plan for Comprehensive Solid Waste Management”, which mentions promoting the integrated construction of heavy non-ferrous metal ore mining, promoting the filling and backfilling of tailings nearby. In principle, it will no longer approve mineral processing projects without self-built mines or supporting tailings utilization and disposal facilities. As expectations continue to be tightened on the supply side, lithium carbonate has rebounded again, and we will continue to monitor the development of mine-side related policies in the future.

After opening on Monday, lithium carbonate opened higher, leading the non-ferrous metals sector, with the biggest increase of more than 6% during the day. Judging from the upward logic, according to information from the Chinese Government Network, the State Council recently issued the “Action Plan for Comprehensive Solid Waste Management”, which mentions promoting the integrated construction of heavy non-ferrous metal ore mining, promoting the filling and backfilling of tailings nearby. In principle, it will no longer approve mineral processing projects without self-built mines or supporting tailings utilization and disposal facilities. As expectations continue to be tightened on the supply side, lithium carbonate has rebounded again, and we will continue to monitor the development of mine-side related policies in the future.