Zijin Mining: the lithium industry is evolving from on-paper surplus to a tight balance situation.

On March 23, executives from Zijin Mining stated at the 2025 performance briefing that looking ahead to 2026, the trend of lithium prices reversing has started, and the lithium industry is evolving from a paper surplus to a tight balance. In the long term, the dual drive pattern of new energy vehicles and energy storage is solid, the commercialization process of solid-state batteries has entered a key acceleration period, new scenarios such as AI data centers have become super demand engines, and it is expected that demand will exceed 3 million tons by 2030. Ensuring the security of lithium resource supply has become a core issue for major global economies and industry chain enterprises.