LOL....a production adjustment is very different from a mine closure.
....another false hope!
According to this post: #CATL told news reporters that the company plans to adjust the production arrangements of #lithium carbonate in Yichun. "Another person familiar with the matter told news reporters that CATL has not yet taken any measures to stop production, and further communication and coordination will be required before it can be determined." Translation done through Google. Post dated from 11th September. Still early days into this story and I guess the market will decide in the end the validity of the claims.
From CLS
1. Based on recent lithium carbonate market conditions, #CATL plans to make adjustments on #lithium carbonate production in Yichun.
2. CATL hasn’t suspended lithium production in Jiangxi.
