Chinese Battery Giant CATL Jumps Into Battle for Major Mining Firm

(Source: CATL)

China’s leading battery manufacturer CATL is continuing to increase its reserves of lithium mine resources. According to an announcement released on November 28, it became the first investor in the bankruptcy and reorganization of Sinuowei Mining in Sichuan Province, aiming to control the enterprise with an annual output of 300,000 tons of…