- China's lithium industry is facing sweeping closures due to a government probe of environmental infringements in Yichun, Jiangxi province.
- It is estimated that this could reduce global lithium output by 8-13%.
- The probe is targeting miners without permits or with expired licenses.
- Lithium prices in China have dropped more than 30% since last year's peak.
- The probe may end after the two sessions in China next month.
Lithium Processed in Yichun, China: Possible Violations
China’s lithium industry is reeling as its top production hub — responsible for around a 10th of the world’s supply — faces sweeping closures amid a government probe of environmental infringements.
