The CITIC Securities’ latest research report pointed out that the nationalisation strategy of Chile's lithium resources reflects the increasingly complex development environment of lithium resources in South America, which may cause a slowdown in lithium resource development investment in South America in the future, thus restricting the growth of lithium production capacity. Lithium prices stabilised for two consecutive trading days recently.
CITI Securities Sees Lithium Prices Bottoming Out in the Second or Third Quarter
CITIC Securities is optimistic about lithium companies who have their own lithium resources and cost advantages, as well as companies with a high proportion of export business.
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