US Stock Alert: Albemarle (ALB.US) Plunges Over 12% as CATL Reportedly Holds Meeting on Lithium Mine Production Resumption
Stock News
Sep 09, 2025
On Tuesday, Albemarle (ALB.US) plummeted over 12%, trading at $71.86. According to media reports, at 9:20 AM today, Yichun Times New Energy Mining Co., Ltd., a controlling subsidiary of Contemporary Amperex Technology Co., Limited, convened a "Gansiawo Lithium Mine Production Resumption Working Meeting" to specifically advance the resumption of production at the Gansiawo lithium mine. According to informed sources, CATL's mining rights certificate and mining permit approvals for the Gansiawo lithium mine are progressing smoothly, with resumption of work and production expected soon, "faster than the fastest market expectations."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.