Lithium carbonate prices plummeted, and lithium-related enterprises in Yichun stopped production

Affected by the sharp drop in lithium carbonate prices, a large number of lithium-related enterprises in Yichun City and its subordinate regions have stopped production. The price of lithium carbonate dropped from 500,000 yuan/ton at the beginning of the year to 96,900 yuan/ton at the end of the year, resulting in a loss of corporate profits. Yichun has rich lithium mica resources and is known as the "Asian Lithium Capital", attracting investment from dozens of listed companies including CATL and Guoxuan High-tech. However, with the decline in lithium carbonate prices, these companies are facing unprecedented difficulties.