Lithium Stocks Soar as World’s Largest EV Battery Maker Shuts Down Mine in China
Lithium stocks are surging after the world’s largest electric vehicle battery maker, CATL, announced the suspension of operations at its Jianxiawo lithium mine in China. This unexpected shutdown, caused by an expired operating license, has triggered a wave of optimism in the market, with investors betting on tighter supply and higher prices. Given the mine’s…