Market Chatter: Lopal, CATL Relaunch Lithium Carbonate Refinery Despite Price Pressures

MT Newswires Live2025-02-11

Jiangsu Lopal Tech (HKG:2465) and Contemporary Amperex Technology (SHE:300750) will relaunch the operations of their lithium carbonate refinery in China following a five-month hiatus, The Standard reported Monday.

The refinery is seen to produce about 3,500 tons in February, the report said, citing Lopal's representative.

The reopening of the refinery is seen to put pressure on prices, which have declined nearly 90% since late 2022 due to oversupply, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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