January 15th News: The South American "Lithium Triangle" countries—Chile, Bolivia, and Argentina—are reportedly planning to sign a "Joint Resource Reserve Agreement," which has been dubbed the "Lithium OPEC." The agreement aims to gain control over the global lithium market through resource monopoly. It will alter the allocation of lithium export quotas and establish a "circuit breaker floor price" mechanism to stabilize prices. Chempricehub's analysis of lithium carbonate: Bull-Bear Score: 1.5 The article mentions that Chile, Bolivia, and Argentina intend to sign the "Joint Resource Reserve Agreement," aiming to dominate the market through lithium resource monopoly, change export quotas, and establish a circuit breaker floor price mechanism. This could potentially restrict global lithium supply and drive up spot prices. Looking at the latest futures data, lithium carbonate futures have recently shown weakness (e.g., the settlement price of the 2605 contract is 165,380 yuan/ton, down 2,480 yuan). However, if this agreement is implemented, it will strengthen market expectations of tightening supply, attract buying interest, and boost the prices of long-term contracts. The score of 1.5 reflects that while the agreement is a significant positive development, it has not yet been formally signed, and there is uncertainty regarding its implementation.