Di Yi Cai Jing·2025-09-28 10:02Core Viewpoint - The suspension of the Yichun lithium mine by CATL has triggered a chain reaction affecting its joint venture with Longpan Technology, leading to production halts at Longpan Times [2][3]. Group 1: Company Impact - CATL's Yichun lithium mine ceased operations on August 9, 2023, due to the expiration of its mining license, and the company is currently working on renewing the license [3]. - Longpan Times, a joint venture between Longpan Technology (70% ownership) and CATL (30% ownership), has stopped production since September 25, 2023, with expectations to resume in November 2023 [2][3]. - The Yichun mine is the largest lithium mine in Jiangxi, with a pre-suspension production capacity of 30 million tons per year, accounting for over 68% of the total production capacity in the region [3]. Group 2: Production and Supply Chain - Longpan Times primarily sourced its lithium ore from CATL's Yichun mine, and after the mine's suspension, it relied on inventory and limited external purchases [2]. - The operational difficulties in sourcing external lithium ore have been highlighted, as other mines cannot replace the capacity lost from the Yichun mine [3]. - Longpan Times is actively seeking to expand its procurement sources, including mines outside Jiangxi province, to resume production as soon as possible [3].