Lanke Lithium's production and sales increased, but the market terminal price fell

Lanco Lithium produces lithium carbonate by extracting lithium from salt lakes. Last year, both production and sales achieved good growth year-on-year. The output of lithium carbonate was about 36,100 tons, sales were about 38,200 tons, and inventory was 2,000 tons. However, the terminal price of lithium carbonate market continued to fall from about 500,000 yuan/ton at the beginning of last year, and fell below 100,000 yuan/ton by the end of last year.