Tianqi Lithium announced that its lawsuit regarding the strategic cooperation between its invested company SQM and Chile's state-owned copper company Codelco has ended in defeat. It is expected that starting from 2031, SQM will no longer have control over its core lithium business in Chile's Atacama region. PriceSeek analyzes lithium carbonate with a long-short rating of +1. The article reports Tianqi Lithium's lawsuit loss, noting that SQM will lose control of its core lithium business in Chile's Atacama region from 2031. This salt lake is a globally significant lithium resource, and as a major producer, SQM's reduced supply increases risks, which is favorable for spot prices of lithium carbonate. Combined with lithium carbonate futures data (e.g., the main contract 2605 closing at 148,200 yuan/ton, down 12,520 yuan for the day), the current market is weak. However, this event may raise concerns about long-term supply, supporting the prices of far-month contracts (e.g., contract 2612), which is beneficial for futures market conditions. A rating of +1 indicates a generally positive outlook, as supply uncertainty enhances long-term bullish expectations. However, the impact will only begin in 2031, offering limited short-term support.