On the prospect of a turnaround in the carbonate lithium industry during the second half of the year, an executive from a prominent A-share lithium mining company candidly remarked that the company's immediate focus has shifted towards cost reduction and expense control, rather than anticipating price turning points. This stance resonates with the current market realities. Despite recent indications of lithium price stabilization, the market quotation for battery-grade lithium carbonate, ranging from 63,000 to 64,000 yuan per ton, still falls below the break-even point for the majority of manufacturers. Despite the ongoing rollout of expansion projects, the reality of sluggish demand has plunged the lithium carbonate industry into a profound period of adjustment and restructuring. Industry insiders emphasize that, based on the analysis of supply-demand dynamics and production-sales data, while lithium prices have hit an industry-recognized bottom, the upward momentum anticipated for the second half of the year remains inadequate, and the industry's recovery will inevitably take time.