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CATL Halts Production at Jianxiawo Lithium Mine, Boosting Lithium Battery Stocks; Tianqi Lithium Jumps Nearly 15%
5 day ago /
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Author：小编
Contemporary Amperex Technology Co. Limited (CATL)'s Yichun project has temporarily ceased mining operations due to the expiration of its mining license on August 9, while the company is in the process of applying for an extension. As a result, lithium battery-related stocks listed in Hong Kong have surged collectively, with Tianqi Lithium and Ganfeng Lithium leading the gains. Citi predicts that lithium prices will climb to over 80,000 yuan in the near term before retracting to the 70,000 to 80,000 yuan range.
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