Liontown Takes Hit on CATL Concerns, Lithium Rally Shaken
Liontown Limited stock is down as trading picks up again Tuesday. Shares finished Monday off 4.0% at A$1.90. The selloff hit most Australian lithium producers. Liontown shares touched A$1.85 with 22.6 million traded. Lithium prices in China dropped after fresh speculation about CATL’s Jianxiawo mine. Battery-grade lithium carbonate slid 6.1% to 157,000 yuan per tonne, a 10-week low, as talk about a preliminary land assessment stirred bets the mine could restart in the second half of 2026. There’s no official word yet on reopening.
