Reasons for the sharp decline in lithium battery stock prices:

1. Lithium mines are still cyclical products. Although lithium prices have been rising, the stock prices have reflected or even overdrawn the future performance of lithium mining companies. Many investment institutions have pushed back the valuation to 5 years or even more in order to participate in the grouping of lithium battery stocks. Far;
2. The general logic of lithium mines remains unchanged, but valuations have obviously been pushed too high. Coupled with the concentrated release of production capacity in 2022 and 23, market expectations have changed.
Lithium battery is a type of battery that uses lithium metal or lithium alloy as positive/negative electrode materials and uses non-aqueous electrolyte solution. Lithium metal batteries were first proposed and studied by Gilbert N. Lewis in 1912.
In the 1970s, M. S. Whittingham proposed and began to study lithium-ion batteries. Because the chemical properties of lithium metal are very active, the processing, storage, and use of lithium metal have very high environmental requirements. With the development of science and technology, lithium batteries have become mainstream.
Lithium batteries can be roughly divided into two categories: lithium metal batteries and lithium-ion batteries. Lithium-ion batteries do not contain metallic lithium and are rechargeable.