Lithium Plunges in China on Speculation Over Status of CATL Mine

Trucks heading towards the Contemporary Amperex Technology Co. Ltd. (CATL) Jianxiawo lithium mine, rear, in Yichun, Jiangxi province, China, on Thursday, March 20, 2025. CATL, the world’s biggest battery producer, on Aug. 11 confirmed the closure of its Jianxiawo mine, saying it’s seeking to renew its expired permit without giving more details.