Lithium surges as China shuts major mine, stoking supply fears
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 11 2025
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Source: SeekingAlpha
Lithium Stock Surge: Lithium stocks experienced significant gains on Monday following the suspension of operations at a major Chinese mine by Contemporary Amperex Technology, leading to speculation about potential broader project shutdowns in China.
Price Increase: The price of lithium carbonate futures rose sharply, reaching 80,560 yuan per tonne, marking an 8% increase by midday, as investors reacted to the news of the mine closure.
Analyst Views on LIT
Wall Street analysts forecast LIT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LIT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 73.380
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Current: 73.380
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
