---
title: "Understanding the Market | The news of the resumption of production at the Ganxia Mine continues to disturb, TIANQI LITHIUM fell over 6%, GANFENGLITHIUM fell over 4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290521116.md"
description: "Lithium mining stocks fell. As of the time of publication, TIANQI LITHIUM dropped 6.17% to HKD 42; GANFENGLITHIUM fell 4.54% to HKD 54.65. In terms of news, the main contract for lithium carbonate fluctuated and then rose to RMB 161,700/ton after a decline yesterday, and today it fell again to around RMB 155,000. According to recent reports from Jiemian News, the Jiangxi Provincial Department of Natural Resources' Land Space Use Control Division has informed that Yichun Times New Energy Mining Co., Ltd. has re-obtained the \"Pre-examination and Site Opinion for Construction Project Land\" for the Jianxiawo lithium mine project on June 17, with a validity period from June 17, 2026, to June 17, 2029. Xinda Futures believes that the biggest variable currently comes from the progress of the Jianxiawo resumption of production. The previous expectation that it would be difficult to resume production within the year has been broken, and the market needs to start recalculating. If production is completed in the fourth quarter, there will be significant easing pressure on supply, which will clearly suppress prices. Meanwhile, the current market expectations for demand are already very high, and if there is no sustained outperformance, the price center may experience a certain decline"
datetime: "2026-06-23T06:41:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290521116.md)
  - [en](https://longbridge.com/en/news/290521116.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290521116.md)
---

# Understanding the Market | The news of the resumption of production at the Ganxia Mine continues to disturb, TIANQI LITHIUM fell over 6%, GANFENGLITHIUM fell over 4%

According to Zhitong Finance APP, lithium mining stocks have declined. As of the time of writing, TIANQI LITHIUM (09696) is down 6.17%, trading at HKD 42; GANFENGLITHIUM (01772) is down 4.54%, trading at HKD 54.65.

In terms of news, yesterday the main contract for lithium carbonate fluctuated and then rose to RMB 161,700 per ton, but today it has dropped to around RMB 155,000. According to recent reports from Jiemian News, the Jiangxi Provincial Department of Natural Resources' Land Space Use Control Division has informed that Yichun Times New Energy Mining Co., Ltd. has re-obtained the "Pre-examination and Site Opinion for Construction Project Land Use" for the Jianxiawo lithium mine project on June 17, with a validity period from June 17, 2026, to June 17, 2029.

Xinda Futures believes that the biggest variable currently comes from the progress of the Jianxiawo resumption of production. The previous expectation that it would be difficult to resume production within the year has been broken, and the market needs to start recalculating. If production is completed in the fourth quarter, there will be significant easing pressure on supply, which will clearly suppress prices. Meanwhile, the current market expectations for demand are already very high, and if there is no sustained outperformance, the price center may experience a certain decline

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