CATL Jianxiawo Lithium Mine Project Land Use Opinion Letter Reinstated
Contemporary Amperex Technology Co. Limited's Jianxiawo Lithium Mine has regained its project land use pre-approval and site selection opinion, valid from June 2026 to June 2029. This development, coupled with market expectations of increased supply, comes as the price of lithium carbonate has seen a significant drop. Separately, MOMENTA GLOBAL LIMITED has received notice from China's CSRC International Cooperation Department regarding its filing for an overseas issuance and listing, planning to issue up to 43.7541 million ordinary shares on the Hong Kong Stock Exchange. AI
IMPACT Momenta's IPO could fuel further investment in AI-driven autonomous driving technology.