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CATL Earmarks 30 Billion Yuan for Critical Minerals Security as Q1 Profits Surge 49%

Summary by Business Times
The board approves new unit to act as investment and ops platform for the new-energy mining sector
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

energytrend.comenergytrend.com

CATL Invests 30 Billion RMB in Upstream Minerals, Posts Stellar Q1 2026 Revenue of 129.1 Billion RMB - EnergyTrend

CATL Invests 30 Billion RMB in Upstream Minerals, Posts Stellar Q1 2026 Revenue of 129.1 Billion RMBOnApril15,CATL issuedanannouncementdetailingasignificantstrategiclayoutintheupstreamofitsindustrychain,whilesimultaneouslydeliveringanimpressivefirst-...

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PortfolioPortfolio

Catl Made a Big Profit: They Would Make an Even Bigger Profit with a New Plan

China's CATL, the world's largest electric car battery manufacturer, is investing 30 billion yuan ($4.4 billion) to establish a mining subsidiary, the South China Morning Post reported.

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Business TimesBusiness Times

CATL earmarks 30 billion yuan for critical minerals security as Q1 profits surge 49%

The board approves new unit to act as investment and ops platform for the new-energy mining sector

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CnEVPostCnEVPost

CATL sees Q1 profit climb 48.5% as revenue jumps over 50%

CATL achieved a net profit of 20.74 billion yuan in the first quarter, representing a 48.52% year-on-year increase. For details, please visit CnEVPost.

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CnEVPost broke the news on Wednesday, April 15, 2026.
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