Tesla Supplier CATL Halts Operations At One Of The World's Biggest Lithium Mines: Report
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CATL, a major battery supplier for Tesla and GM, has temporarily halted operations at its Jianxiawo lithium mine in China for three months due to an expired permit. This mine contributes 6% of global lithium output and is under scrutiny from Beijing, which refused to extend its license. Analysts suggest this may be part of China's strategy to manage resource capacity. CATL is also working on renewing its license while continuing to supply GM with batteries for the Chevrolet Bolt EV. Additionally, tariffs may impact battery demand in the U.S.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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