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CATL Says It Has Suspended Mining Operations at Yichun Project
JIANGXI, CHINA, AUG 10 – CATL halted its Jianxiawo lithium mine after failing to renew a permit amid Beijing's crackdown on overcapacity, affecting about 3% of global lithium production, sources said.
- Contemporary Amperex Technology Co Ltd suspended production at its Jianxiawo lithium mine in Jiangxi province starting August 9, 2025.
- The suspension followed CATL's failure to renew a key mining permit amid China's broader government crackdown on industrial overcapacity and increased mining scrutiny.
- Traders monitored the mine closely, even flying drones last week to assess output, while affiliated nearby refineries had been informed of the temporary halt expected to last at least three months.
- Lithium prices surged about 9% recently, with material trading at 75,000 yuan on August 8, reflecting volatile markets pressured by prolonged overcapacity in the battery industry.
- The pause at Jianxiawo represents a significant supply chain disruption that could reduce lithium overcapacity and support industry profitability amid continuing permit renewal talks.
25 Articles
25 Articles
Lithium prices and shares have skyrocketed this Monday after the battery giant Amperex Co. Ltd. has stopped operations in a major mine in China, leading to speculation that Beijing could decide to suspend other projects while addressing excess capacity throughout the economy. Lithium Corporation Tianqi has risen to 19% in the Hong Kong stock market, while Ganfeng Co. has seen its titles rise by 21% and Australian miners have recovered after CAT …
CATL Suspends Major Lithium Mine Operation
CATL, the world’s largest maker of lithium-ion batteries for electric cars, has suspended operations at one of the biggest lithium mines in the country, sparking a price jump for lithium and lithium miners’ stocks. The suspension, as reported by Bloomberg today, is part of the Chinese government’s efforts to solve a problem with overcapacity across industries that has pushed profits down and priced weaker players out of the market. The suspensio…
CATL's permit lapse halts key lithium mine, jolts global supply chain
Contemporary Amperex Technology Co. Limited (CATL), the world's largest EV battery manufacturer, confirmed it has halted output at its Jianxiawo lithium mine in Jiangxi after its mining permit expired on August 9, driving lithium carbonate futures and producer shares sharply higher.
Channel News Asia
UpstractCATL says it has suspended mining operations at Yichun project
BEIJING :Chinese electric vehicle battery manufacturing giant Contemporary Amperex Technology (CATL) said on Monday that it has suspended mining operations in the southern region of Yichun after a mining licence expired on August 9. "We are handling the application for renewing the mining license as soon as
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