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Zhongji Innolight Co Ltd :SAYS SUBSIDIARY, ORIGINAL SHAREHOLDERS PLAN TO BOOST CAPITAL IN TERAHOP BY COMBINED $517 MILLION
Lithium prices in China fell sharply after the Guangzhou Futures Exchange curbed speculative trading and CATL planned to restart production at its lithium mine. The most-active lithium carbonate contract dropped 9% to 91,020 yuan per metric ton. GFEX increased transaction fees and limited daily open positions for non-futures company members. CATL's Jianxiawo mine, which can produce 46,000 tons of lithium carbonate annually, is set to resume production after a suspension since August.
