Lithium mining stocks fell sharply across the board, lithium electricity duo in the market fell to the limit of "mining for the king" is not fragrant?

SMM September 1: today, lithium mining stocks across the board adjustment, Ganfeng lithium industry, Tianqi lithium industry once fell to the limit. As of the close, Shanshan shares, Shandong Zhanggu, Zhenhua Technology, Jinchen shares and other 4 shares fell by the daily limit, while Huayou Cobalt fell more than 8%.

At the same time, the lithium battery concept index of the early fire also fell by more than 4.8% in intraday trading, so does this mean that the former "mine is king" is no longer fragrant?

In fact, the correction is reasonable. After all, recently, with the recent reports of a number of enterprises in the lithium industry chain, a number of shares have also risen sharply, including Tianqi lithium industry, salt lake shares and other enterprises have issued abnormal stock price fluctuations to remind investors to pay attention to risks, in the market high expectations, the plate is inevitably too enthusiastic, timely cooling is very necessary.

But there is no doubt that in the context of the current policy and favorable environment, lithium battery is definitely a high-prosperity sector. At a time when major lithium battery companies have begun to expand their production capacity in order to gain more say, in order to control costs more effectively and seize the first opportunity, many middle and lower reaches enterprises have also begun to move upstream and begin to lay out their mine-end production capacity one after another. there is a saying that "ore is king" in the industry.

Huaxi Securities predicts that the tight supply of spodumene concentrate will continue until mid-2022. Considering that the development prospect of lithium battery is good in the medium and long term, it is worth looking forward to whether it is the concept of extracting lithium from salt lake or lithium ore and other related plates in the future.

However, it should be noted that better development prospects do not mean that you can blindly soar without the industry and corporate fundamentals. Previously, some industry insiders commented on the rising share prices of lithium-related companies. Even in areas with good medium-and long-term development prospects, such as lithium batteries, short-term performance should not be overdrawn and valuation Bubble risk should be ignored. Therefore, the pullback after the high heat of lithium ore and lithium battery plate is not unexpected.