Lithium stocks rally as CATL mine halt raises prospects of tighter supply

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Shares of lithium producers surged on Monday after Chinese battery giant Contemporary Amperex Technology (CATL) halting output at a major mine raised hopes it would erode the oversupply in a market grappling with soft demand. During morning trade, Albemarle Corp jumped 10.2 per cent, while Chile's Sociedad Quimica y Minera, rose 9.2 per cent and Lithium Americas, gained 2.4 per cent. Smaller companies, Standard Lithium, Piedmont Lithium and Sigma Lithium, advanced between 6.2 per cent and 19.6

Lithium stocks rally as CATL mine halt raises prospects of tighter supply https://www.channelnewsasia.com/ - 11.08.2025 23:08

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Lithium stocks rally as CATL mine halt raises prospects of tighter supply https://www.channelnewsasia.com/ - 11.08.2025 23:08