CATL's Jianxiawo mine has received reserve approval, bringing it one step closer to restarting production, Bloomberg reported.
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Category: Raw Materials
Following the production halt at the CATL lithium mine on August 10, China's lithium carbonate prices surged by 24 percent at one point.
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Tianqi Lithium rose nearly 11 percent in Hong Kong, while China's most active lithium carbonate futures rose by the daily limit of 8 percent.
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CATL is still in talks with government agencies to renew the permit but is prepared to extend the suspension for several months, Bloomberg reported.
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BYD and Tsingshan are backing out of multimillion-dollar plans to build lithium cathode plants in Chile, according to Reuters.
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There have been frequent cases of LFP producers receiving large orders, and some of the big players are raising prices.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
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BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
For details, please visit CnEVPost.