Di Yi Cai Jing Zi Xun·2025-09-28 11:26Core Viewpoint - The suspension of operations at CATL's Yichun lithium mine has triggered a chain reaction affecting its joint venture with Longpan Technology, leading to production halts at Longpan Times due to raw material shortages [2][3]. Group 1: Company Operations - CATL's Yichun lithium mine ceased operations on August 9, 2023, after the expiration of its mining license, and is currently in the process of applying for a renewal [3]. - Longpan Times, a joint venture between Longpan Technology (70% ownership) and CATL (30% ownership), has stopped production as of September 25, 2023, with expectations to resume by November 2023 [2][3]. - Longpan Times primarily sourced its raw materials from CATL's Yichun mine, which accounted for a significant portion of its production capacity [2][3]. Group 2: Market Impact - The Yichun region has eight large-scale mines with a total production capacity of 43.9 million tons per year, with CATL's Yichun mine contributing 30 million tons per year, representing over 68% of the region's output [3]. - Longpan Times is actively seeking alternative raw material sources, including mines outside Jiangxi province, to mitigate the impact of the supply disruption [3][4].