Lithium Miners Sink As CATL Prepares To Restart, Large Deals Continue In The Background - Contemporary Amperex Tech (OTC:CYATY)
Benzinga·2025-09-10 20:21
Global lithium producers tumbled on Tuesday after Contemporary Amperex Technology (CATL) CYATY, the world's largest battery maker, announced that it is preparing to resume operations at its Jianxiawo mine in Yichun, Jiangxi province, earlier than expected.The mine, one of China's largest lithium sources, produces over 46,000 metric tons of lithium carbonate equivalent annually, roughly 3% of the world's projected supply in 2025, according to Australian government estimates. CATL had halted operations on Aug ...