From UBS:
"It's not the first time for us to hear CATL to cut/suspend lithium production in Jiangxi. Although the previous news turned out to be speculation, we get higher conviction this time," she wrote."According to our channel checks with several contacts, CATL finally decides to suspend its lithium lepidolite operation in Jiangxi after a meeting on 10 September."CATL had no immediate comment."
Maybe it is happening this time. The same happened on 19 February this year with a rally in lithium stocks on that same day. Perhaps this time it is true. Hard to tell with the Chinese. Only time will tell.
Good News & Bad News, page-46093
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