Recently, Shenzhen Capchem Technology Co., Ltd. announced that it plans to invest in the construction of the Capchem Middle East Lithium-ion Battery Materials Project in Yanbu Industrial City, Saudi Arabia, with its wholly-owned subsidiary, Capchem Middle East Company, as the implementing entity. The total investment for the project is approximately $260 million. PriceSeek's analysis of lithium carbonate indicates a bullish-bearish score of 1.5. Capchem's $260 million investment in Saudi Arabia to build a lithium-ion battery materials project will directly increase the demand for lithium carbonate, which is favorable for spot prices. As a key raw material for lithium-ion batteries, the expansion of production capacity is expected to boost procurement in the spot market, driving prices upward. In the futures market, the latest data shows that lithium carbonate contracts (such as the 2605 contract, up 5,920, and the 2607 contract, up 5,680) are generally rising, with settlement prices steadily increasing (e.g., the 2605 contract settlement price is 126,560 yuan/ton), indicating strong bullish sentiment in the market. This project reinforces expectations for medium- to long-term demand growth and may further boost futures prices. However, given that the project is still in the planning stage, its impact is currently assessed as moderately bullish.