Move has spurred speculation that Beijing is acting to address overproduction

Move has spurred speculation that Beijing is acting to address overproduction

CATL suspended production at the Yichun Project after the mine's permit expired Saturday, the company told CNBC.

CATL, the world’s biggest battery producer, confirmed the closure of its Jianxiawo mine, saying it is seeking to renew its expired permit.

Also in today’s newsletter, US president deploys National Guard to Washington, and CATL suspends Chinese lithium mine