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CATL's Yichun Lithium Mine Halts Production, Says Industry
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There are reports claiming that CONTEMPORARY AMPEREX (300750.SZ), or CATL, has ceased operations at its Jianxiawo mine in Yichun. According to Securities Times, industry insiders have confirmed with a large lithium mica enterprise in Yichun that CONTEMPORARY AMPEREX's mine in Yichun has indeed stopped production. A research report cited the enterprise as saying that a meeting was recently held to discuss the shutdown plan, which is expected to be implemented upon completion of this month's production tasks. CONTEMPORARY AMPEREX's cash cost for producing one ton of lithium carbonate is around RMB87,700, according to industry estimates. AAStocks Financial News |
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