China lithium mining licence revocation sparks sharp lithium price rally

Post Views: 230 China lithium mining licence revocation China lithium mining licence revocation drives market reaction China lithium mining licence revocation triggered a sharp rally in domestic lithium prices. Authorities in Yichun, Jiangxi province, announced plans to cancel 27 expired mining licences. Yichun serves as China’s most important lithium-producing hub. Investors reacted quickly to perceived supply risks across the lithium value chain. As a result, lithium carbonate prices jumped on the Guangzhou Futures Exchange. The most active contract reached 109,860 yuan per tonne, a June 202...