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Lithium carbonate prices in China dropped to CNY 157,000 per tonne, the lowest level in ten weeks, following speculation that one of the world’s largest lithium mines could resume operations soon. Contemporary Amperex Technology’s Jianxiawo mine in Jiangxi province was suspended last year due to permitting issues, but a recent government notice regarding a preliminary land assessment has fueled expectations that the site could restart in the second half of 2026. However, the notice did not confirm any reopening plans and appears to be a procedural step related to land-use approval. Analysts said the market has already priced in the possibility of a near-term restart, despite limited confirmation. They warned that a potential return of Jianxiawo output could weigh on prices, but still expects lithium supply and demand conditions to remain relatively tight as significant new battery capacity is scheduled to come online in the third quarter.
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