CATL halts mining at Yichun after license expiry - Breaking The News

CATL halts mining at Yichun after license expiry

11 August

1 min read

EPA/WU HAO

Contemporary Amperex Technology Co., Limited (CATL) said on Monday that it temporarily halted mining operations at its Yichun project in China's Jiangxi province due to the expiration of a mining license on August 9.

CATL said it is in the process of applying for a renewal of the mining permit "in accordance with relevant regulations," adding that it will resume production as soon as it obtains the new approval.

The Chinese electric vehicle battery manufacturer emphasized that the halt would have minimal impact on its overall operations.

mining lithium catl

Related Stocks

CATL

US sanctions entities behind illegal mining in Congo

12 August

The US Treasury's Office of Foreign Assets Control (OFAC) announced on Tuesday new sanctions on entities tied to "armed group violence and the sale of critical minerals" in the Democratic Republic of the Congo (DRC). The department said the eastern region of the country has faced mass displacement and thousands of civilian deaths, worsened by the Rwanda-backed March 23 Movement's (M23) territorial gains and retaliatory attacks from DRC-aligned...

Rio Tinto's net earnings drop 22% $4.5B in H1

30 July

Rio Tinto said on Wednesday that its net earnings, or profit attributable to owners, stood at $4.5 billion in the first half of 2025, plunging 22% compared to the same period in 2024.Consolidated sales revenue was little changed year on year at $26.9 billion, while underlying EBITDA fell 5% to $11.5 billion and underlying earnings dropped 16% on an annual basis to $4.8 billion, or $2.96 per share."We are delivering very resilient financial results with an improving...

Lockheed Martin in talks on offshore mining

14 July

United States arms industry behemoth Lockheed Martin is exploring partnerships with mining firms to exploit its deep-sea assets in the Pacific, COO Frank St John told the Financial Times in an interview published Monday."We are in early stages of conversations with several companies about giving them access to our licences and allowing them to process those materials," St John said. While he declined to reveal financial details, he confirmed that the companies...

BHP signs memorandum of understanding with CATL

14 July

Australia's BHP Group Ltd. announced on Monday that it has signed a memorandum of understanding (MOU) with Contemporary Amperex Technology Co., Limited (CATL) "to explore the application of existing and emerging technologies across its operations" and thus tackle its Scope 1 and 2 greenhouse gas emissions."BHP and CATL will explore opportunities in battery development for mining equipment and locomotives including rapid charging infrastructure,...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.