Contemporary Amperex Technology (CATL), electric-vehicle battery maker, and Guangzhou Futures Exchange, commodities bourse, have become the twin catalysts of August’s lithium rally after CATL suspended operations at its Jianxiawo mine, lifting the CME lithium carbonate contract by 27% since the start of the month and turbocharging producer shares. Futures fever outruns fundamentals The immediate market...
READ MOREContemporary Amperex Technology, EV battery maker, and Jiangxi regulators have paused output at the Jianxiawo lithium mine in Yichun for at least three months after a key licence expired on Aug. 9, tightening near-term supply from China’s largest lithium hub and sending Guangzhou futures up the daily limit to ¥81,000/t (~$11,260) on Aug. 11. Industry...
READ MOREContemporary Amperex Technology, China’s largest battery manufacturer, has commenced construction of an integrated battery production facility in Indonesia through a joint venture with Indonesia Battery Corporation and state-owned PT Aneka Tambang. The project targets initial production capacity of 6.9 gigawatt-hours by late 2026, expanding to 15 GWh for electric vehicle applications, while Indonesian officials suggest...
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