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June 18 — Battery-grade lithium carbonate tumbled on the last trading day before the Dragon Boat holiday after market talk of renewed output at CATL’s Jianxiawo mine and an official land-use approval. By close the main lithium carbonate futures contr

2026-06-18

June 18 — Battery-grade lithium carbonate tumbled on the last trading day before the Dragon Boat holiday after market talk of renewed output at CATL’s Jianxiawo mine and an official land-use approval. By close the main lithium carbonate futures contract 2609 fell over 6% to about 160,000 yuan/ton, more than 20% below its prior peak. Spot battery-grade lithium carbonate averaged 168,800 yuan/ton in the morning, down 800 yuan from the previous day, according to Shanghai Ganglian. Jiangxi provincial natural resources authorities said Yichun Times New Energy Mining Co. obtained on June 17 a land-use pre-examination and site-selection opinion for the Jianxiawo lithium mine, valid June 17, 2026–June 17, 2029.

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