In Tianqi lithium trading, the stock price reached a new high and the market capitalization was close to 200 billion yuan.

SMM August 27th: today's salt lake lithium plate pulled up in the afternoon, Tianqi lithium industry continued to rise in early trading after the opening of midday trading, once rose by the daily limit, and the stock price reached a new high of 133.22 yuan per share, with a total market capitalization of nearly 200 billion yuan. The share price then fell slightly, and by the close, Tianqi Lithium Industry rose 8.58 per cent to 131.5 yuan per share.

On the news side, it was mentioned in the reply letter No. 0899 (No. 85 of posts and Telecommunications) of the Thirteenth National Committee of the Chinese people's political Consultative Conference published by the Ministry of Industry and Information Technology on August 25 that the state attaches great importance to the comprehensive development of salt lake resources. the Ministry of Industry and Information Technology will speed up the solution of scientific and technological problems in the salt lake industry and further strengthen scientific and technological support work such as efficient development and comprehensive utilization of salt lake resources. To promote and solve the technical problems perplexing the development and utilization of salt lake resources.

Stimulated by various good news, the Salt Lake Lithium extraction Index has also fluctuated greatly in recent days, driving the performance of individual stocks is also very outstanding. Tianqi Lithium Industry, Tibet Mining, Tibet City Investment and so on have all set record highs for their stock prices in different periods.

Prior to this, Tianqi Lithium Industry issued an abnormal stock volatility announcement due to the sharp rise in share prices for three consecutive days, explaining that the first phase of the company's "24000 tons of battery-grade lithium hydroxide monohydrate project" built in Quinana, Australia, is in the commissioning stage, and the timing of the project is still uncertain.

Recently, Tibet Mining, one of the concept stocks of Lithium extraction from Salt Lake, has released its performance report for the first half of 2021 and finally turned losses into profits. At a time when Lithium extraction from Salt Lake is hot, the market is also full of expectations for the semi-annual results of Tianqi Lithium Industry.

In July, under the background that the sales volume and average price of the company's main lithium compound products were higher than expected, Tianqi Lithium Industry revised its first-half performance forecast, changing the original expected loss of 130 million-250 million yuan to a profit of 7800-116 million yuan. Let's wait and see.

Tibet Mining Industry plans to implement a 10,000-ton battery-grade lithium carbonate project for comprehensive development and utilization of salt lakes in the first half of the year.