有色金属2026年度策略-能源金属：能源革命纵深演绎核心资产价值重估

天风证券股份有...01-07

锂：底部已现，锂资源核心价值重塑进行时。锂行业经历3年的调整期，供需基本面正处于加速改善阶段，尤其年内价格经历过6万以下，供给端已进行过一轮自行优化。更进一步，今年8月以来，伴随着宜春锂云母的矿证等问题，我们能清晰看到锂资源价值凸显，粗放式开采已不再是行业的主流发展模式。需求侧，近年的动力电池构筑锂需求的基本盘，下半年来由于经济性带动的储能或成为需求的新的增长极。因此我们看到短期锂价已回升至13万...

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有色金属2026年度策略-能源金属：能源革命纵深演绎 核心资产价值重估

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有色金属2026年度策略-能源金属：能源革命纵深演绎核心资产价值重估