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An unexpected shutdown at one of Chinas biggest #lithium mines has left the industry scrambling to judge if the move will be enough to end the #battery materials prolonged price slump.
CATL is planning to adjust its lithium carbonate production at the mine in Chinas Yichun-a project important not just for its size, but because its owned by the worlds top battery maker, and was thought to be a less likely candidate for closure. It produces lithium from lepidolite - a low-grade ore that emerged as a major source of the metal in recent years, fueling the glut.