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Changes in Hong Kong stocks | Lithium carbonate prices rose due to supply-side disturbances Ganfeng Lithium (01772) and Tianqi Lithium (09696) both rose more than 3%

The Zhitong Finance App learned that lithium stocks were higher in early trading. As of press release, Ganfeng Lithium (01772) rose 3.78% to HK$26.1; Tianqi Lithium (09696) rose 3.5% to HK$38.45.

According to the news, the price of lithium carbonate has risen due to environmental factors. According to Baichuan Yingfu, some manufacturers in Jiangxi suspended construction due to environmental factors. This week (3/2-3/8) lithium carbonate production was 8,730 tons, down 8.83% from last week. As of March 8, 99.5% battery-grade domestic lithium carbonate prices were 108,900 yuan/ton, up 6.22% from last week. Furthermore, this month, Australia's major lithium supplier Core Lithium announced the suspension of the BP33 project, suspended open pit mining, and the Greenbush lithium mine lowered its 2024 lithium concentrate production plan.