All articles tagged with #production suspension
CATL has suspended operations at its lithium mine in Jiangxi due to an expired permit, with plans to potentially extend the halt while negotiating license renewal, amid a backdrop of declining lithium prices and increased government scrutiny in China. This suspension could impact the lithium supply chain but might also benefit other producers in a market plagued by overcapacity.
CATL has suspended operations at its Jianxiawo lithium mine in China for at least three months due to the failure to renew its mining permit, amid broader industry volatility and regulatory scrutiny, impacting a key supply chain link for electric vehicle batteries.
CATL has suspended production at its lithium mine in Jiangxi, China, for at least three months, affecting lithium supply and causing fluctuations in lithium stocks, with the company not immediately commenting on the report.
Tesla and Volvo have halted production in Europe due to a shortage of components caused by shipping being re-routed away from the Red Sea and Suez Canal amid threats from Iran-backed Houthi militants in Yemen. The re-routing has led to delays and increased transportation times, impacting supply chains. Tanker operators and shipping firms like Maersk have also altered routes, adding time and expenses. The U.S. and U.K. have taken action against Houthi threats, with international airstrikes and naval operations aimed at protecting shipping in the region.
Toyota has suspended production at all of its Japanese assembly plants due to a technical glitch in its production system that is preventing the processing of orders for automotive components. The automaker, known for its "just-in-time" production system, is investigating the cause of the problem and has not attributed it to a cyberattack. The suspension affects 12 out of 14 vehicle factories and could result in a significant loss of capacity. Toyota will decide on Wednesday whether to resume production. Last year, the company faced a similar issue after a cyberattack on one of its suppliers.