Lithium surges as China shuts major mine, stoking supply fears

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3D illustration of lithium-ion battery packs on a production line in a manufacturing facility during the daytime

Lithium stocks surged on Monday after battery giant Contemporary Amperex Technology (OTC:CYATY) suspended operations at a major Chinese mine, fueling speculation of broader project shutdowns by Beijing as it tackles overcapacity across the economy.

Tianqi Lithium rose as much as 19% in

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