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Lithium Stocks Rally as CATL Mine Halt Raises Prospects of Tighter Supply
JIANGXI PROVINCE, CHINA, AUG 11 – CATL halted lithium production at its Jianxiawo mine after permit expiration, removing about 6% of global supply amid Beijing's campaign to reduce overcapacity in key industries.
- On August 11, 2025, CATL, the leading global manufacturer of electric vehicle batteries, halted production at its Jianxiawo lithium mining site in Jiangxi province following the expiration of its mining permit.
- The suspension results from Beijing's intensified regulatory crackdown and the ongoing anti-involution campaign aimed at reducing industrial overcapacity, especially in lithium mining.
- The Jianxiawo mine contributes about 3% to global lithium supply, and eight local miners have been asked to submit reserves reports by September end amid scrutiny of compliance.
- Lithium carbonate futures surged by the daily 8% limit to around 75,500 yuan per ton as lithium stocks, including Tianqi Lithium and Ganfeng Lithium, jumped up to 21%, reflecting supply concerns.
- The suspension could tighten lithium supply and raise prices, potentially increasing battery costs and impacting electric vehicle production, while CATL negotiates permit renewal for resuming operations.
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Just as last Friday, SQM's action B series again boosted the selective Ipsa index, whose closure reached 8,591.5 points, a new record.In the session, the role of the non-metallic mining company scored an increase of 7.98% although during the morning it managed to hover around 10%, pushing the index even at 8,650. Along with the action of SQM, the upstream titles also note strong increases: North Grande reached 6,66% and White Gold 4.9%.The rise …
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Coverage Details
Total News Sources30
Leaning Left3Leaning Right5Center5Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
38% Right
L 23%
C 38%
R 38%
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