Xinhua News Agency, May 9, according to the CITIC Securities Research report, sales of lithium concentrates in Australia declined month-on-month in the first quarter of 2023, and weaker domestic consumption had an impact on the upstream. Factors such as labor shortage and tight transportation continue to restrict the production of lithium mines in Australia, and the high price of lithium mines supports lithium prices. Upstream supply contraction and downstream replenishment are expected to lead to a rebound in lithium prices, which in turn will lead to a rebound in the lithium plate whose valuation is at the bottom of history.