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forbes.com
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China Lithium Mine Closure Spurs Price Surge, Boosting Australian Miners
The temporary closure of China's Jianxiawo lithium mine due to CATL's expired permit has caused a 12% price surge in spodumene to $925/ton, resulting in a 34% increase in Pilbara Minerals' share price and a 15% increase in IGO's share price, although investment banks warn of potential overvaluation.
China Lithium Mine Closure Spurs Price Surge, Boosting Australian Miners
The temporary closure of China's Jianxiawo lithium mine due to CATL's expired permit has caused a 12% price surge in spodumene to $925/ton, resulting in a 34% increase in Pilbara Minerals' share price and a 15% increase in IGO's share price, although investment banks warn of potential overvaluation.
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