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CATL suspends key lithium mine for three months

CATL’s Jiangxi facility is responsible for 6% of the global lithium supply, sending prices soaring on its closure. By Stewart Burnett

Chinese electric vehicle (EV) battery giant CATL has ordered a three-month suspension of operations at a major lithium mine in Jiangxi province, sending automotive supply chain costs surging as the facility accounts for approximately 6% of global lithium output. The battery maker confirmed the mine closure occurred as a result of an expired permit to conduct mining operations.

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