Australian Lithium Mining Stocks Soar Following CATL's Jianxiawo Lithium Mine Shutdown Announcement
4 day ago / Read about 0 minute
Author:小编   

Contemporary Amperex Technology Co. Limited's (CATL) Jianxiawo lithium mine in Yichun, Jiangxi Province, has halted production, with a projected downtime spanning at least three months. This announcement triggered a surge in Australian lithium mining stocks during early Monday trading, with Pilbara Minerals soaring by nearly 19%, Liontown Resources climbing almost 22%, and Mineral Resources jumping approximately 12%. As a crucial lithium resource for CATL, the shutdown of the Jianxiawo lithium mine is poised to exert significant influence on both lithium prices and market supply dynamics.