China Approves CATL Mine Reserves in Relief for Lithium Outlook

China Approves CATL Mine Reserves in Relief for Lithium Outlook

Chinese authorities have green-lit reserve reports from two major lithium producers operating in the mining hub of Yichun, easing concerns around output disruptions at a time when the sector’s excess capacity is under close government scrutiny.

China approves reserve reports of two lithium producers

China has approved reserve reports from two lithium producers in Yichun, providing some relief to market concerns over potential output disruptions, reported Bloomberg.The post China approves reserve reports of two lithium producers appeared first on Mining Technology.

Lithium miners tumble on China reserve report

LITHIUM producers in Australia and the US declined sharply after Chinese regulators approved a reserve report from a major lithium operation, alleviating some concerns regarding potential output disruptions, said Bloomberg News. Liontown Resources fell as much as 9.9%, whilst Pilbara Minerals dropped 7.9% and IGO slipped six percent during Sydney trading on Wednesday morning. Key US producers including Albemarle and SQM retreated overnight. The …

Lithium Stocks Tumble Amid China News

Australian lithium stocks experienced a sell-off in early trading following reports that Chinese authorities have approved reserve reports from two major lithium producers operating in Yichun. This development has eased concerns surrounding potential output disruptions in the region, particularly as the lithium sector faces increased government scrutiny over excess capacity. The news out of China has immediately impacted Australian lithium produ…

CATL's lithium mine reserve report approved, moving closer to resuming production, report says

CATL's Jianxiawo mine has received reserve approval, bringing it one step closer to restarting production, Bloomberg reported. For details, please visit CnEVPost.