Key Facts
• CATL, a leading EV battery maker, halted production at a key lithium mine.
• The mine, located in Jiangxi Province, will remain closed for at least three months.
• Internal notices were sent regarding the temporary suspension of the Jianshawo mine.
• Related refining facilities in nearby Yichun City were also informed.
• The suspension follows scrutiny over the extension of the mine’s mining permit.
• The permit was set to expire on August 9, 2025.
• Bloomberg reached out to CATL for comments but received no immediate response.
Summary
Contemporary Amperex Technology Co. (CATL), the world’s largest electric vehicle (EV) battery manufacturer, has suspended production at its key lithium mine in Jiangxi Province, China, for at least three months. The company issued internal notices about the temporary halt at the Jianshawo mine and informed related refining facilities in Yichun City. The decision comes amid market attention on the extension of the mine’s mining permit, which was due to expire on August 9, 2025. Bloomberg attempted to contact CATL for further details but received no immediate response. This development could impact lithium supply, a critical component for EV batteries.
