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On June 18, the final working day preceding the Dragon Boat Festival, the price of lithium carbonate took a sharp nosedive. Beyond the typical pre-holiday risk-aversion tendencies, an analyst disclosed to Jiemian News that recent market whispers indicated CATL had expedited the resumption of operations at its Jianxiawo lithium mine in Yichun. This move has fueled expectations of a surge in future lithium supply. That same afternoon, a reporter obtained information from the Land Spatial Use Control Division of the Jiangxi Provincial Department of Natural Resources, revealing that Yichun Times New Energy Mining Co., Ltd. had successfully regained approval for the land use of the Jianxiawo lithium mine project on June 17. This approval is set to remain valid from June 17, 2026, through to June 17, 2029.
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