CATL(SZ:300750) Mei Ri Jing Ji Xin Wen·2025-08-17 13:08Core Viewpoint - The recent suspension of operations at the Jiangxi-based lithium mica mine, Jiangxiawo, owned by CATL, has sparked significant industry discussion regarding the duration of the shutdown and its implications for the lithium market [1][4]. Company Summary - CATL's Jiangxiawo mine, a major source of lithium mica, officially ceased operations on August 10, 2023, following the expiration of its mining license on August 9 [2][4]. - The company is currently in the process of applying for a renewal of its mining license and has stated that the suspension will not significantly impact its overall operations [1][4]. - The mine is crucial for CATL as it is the largest lithium mica mine in the region, and its activities have a substantial influence on both the lithium mica and carbonate lithium markets [2][4]. Industry Summary - The Jiangxiawo mine is located in Yichun, Jiangxi Province, and is one of the largest lithium mica mines in the area, contributing to a significant portion of China's lithium supply [2][4]. - The lithium carbonate market is projected to produce 1.33 million tons in 2024, with 222,000 tons (16.4%) coming from lithium mica sources [4]. - The suspension of operations has led to speculation about the reasons behind it, including high production costs and potential misalignment between the licensed and actual mining products [7][8]. - Other companies, such as Guoxuan High-Tech, continue to operate their lithium mica mines in the region without interruption, highlighting a contrast in operational status among competitors [8].