Headlines
CATL says it has suspended mining operations at Yichun project
Published by Global Banking & Finance Review®
Posted on August 11, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 11, 2025
1 min readLast updated: January 22, 2026
CATL has paused mining at Yichun after a license expired. The company is renewing the license, with minimal impact expected on operations. Lithium futures rose sharply.
BEIJING (Reuters) -Chinese electric vehicle battery manufacturing giant Contemporary Amperex Technology (CATL) said on Monday that it has suspended mining operations in the southern region of Yichun after a mining licence expired on August 9.
"We are handling the application for renewing the mining license as soon as possible in accordance with relevant regulations," the company said on an investors interactive platform without elaborating on the length of the production halt at the mine in Jiangxi province.
CATL has suspended production at the Jianxiawo lithium mine for at least three months, Bloomberg News reported on Sunday, citing people familiar with the matter.
"Once approved, we will resume production," said CATL, adding that it will have little impact on the company's overall operation.
The most active lithium carbonate futures on the Guangzhou Futures Exchange surged by 8% to hit the price limit up on Monday.
(Reporting by Amy Lv and Lewis Jackson; Editing by Kim Coghill)
CATL suspended mining operations at the Yichun project while handling the application for renewing the mining license in accordance with relevant regulations.
The production at the Jianxiawo lithium mine has been suspended for at least three months, according to reports.
CATL stated that the suspension will have little impact on the company's overall operation once production is resumed.
Following the suspension announcement, the most active lithium carbonate futures on the Guangzhou Futures Exchange surged by 8%, hitting the price limit up.
The news about CATL's mining suspension was reported by Bloomberg News, citing people familiar with the matter.
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