GreenergyDaily

Nov. 7, 2025

Contemporary Amperex Technology Co. Ltd. has been told how much it should pay for the rights to its key lithium mine in China, another sign of progress in the battery maker's bid to restart the operation that's been halted since August.

The Chinese company is required to pay 247 million yuan ($35 million) for the lithium mining rights at its Jianxiawo project in Yichun city, according to the website of Jiangxi province's Department of Natural Resources, which shows a valuation report submitted by a government-appointed asset appraisal company.

The levy is necessary for CATL to get its mining license approved and is a precondition for Jianxiawo to restart, analysts at UBS Group said in a note.

The mining right transferral from the government was evaluated in 2022 based on kaolinite deposits, without considering other minerals including lithium, according to the valuation report on Jianxiawo dated Nov. 6.