BUZZ-Lithium miners gain after China's CATL says it will adjust production
Reuters · 09/11 14:43
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** Lithium miners' shares gain after Chinese EV battery maker CATL 300750.SZ says it plans to make adjustments to lithium carbonate production in Jiangxi
** A UBS report earlier said CATL suspended two mines
** Report adds suspensions could cut ~8%, or around 5,000-6,000 metric tons, of China's monthly lithium carbonate production
** Shares of largest U.S. lithium producer Albemarle ALB.N up 10.2% - top gainer on the S&P 500 index .SPX
** U.S.-listed shares of Lithium Americas LAC.N, Sigma Lithium SGML.O and SQM SQM.N up between 6.8% and 15.5%
(Reporting by Sourasis Bose in Bengaluru)
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