Why did Chinese lithium futures drop nearly 9% in two days?

Chinese lithium futures plunged about 9% in two days due to unconfirmed speculation that Contemporary Amperex Technology Co. Ltd.’s (CATL) Jianxiawo mine in Jiangxi province — shut last year over permitting issues — may restart soon, following a preliminary and limited government land assessment notice released last Wednesday.

What does the Jiangxi provincial government’s land assessment notice actually confirm about the Jianxiawo mine?

The notice, issued by the Department of Natural Resources of Jiangxi Province, did not confirm any resumption plan for the Jianxiawo mine; it appeared only as a procedural step related to land use and provided no details on purpose, remaining process, or timeline.

Lithium Plunges in China on Speculation Over Status of CATL Mine

Jun 22, 2026

Chinese lithium futures dropped nearly 9% amid speculation CATL’s Jianxiawo mine might reopen by late 2026, though official confirmation is pending. Analysts anticipate price pressure but maintain tight supply-demand outlooks given new battery capacity.

bloomberg

2026-06-22

Lithium Plunges in China on Speculation Over Status of CATL Mine

Lithium Plunges in China on Speculation Over Status of CATL Mine

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