Chinese battery giant to close mine as Beijing targets overcapacity

semafor.com/article/08/11/2025/worlds-biggest-battery-company-to-close-mine-in-china

CATL, the world’s biggest battery company, said it would halt production at a mine in China, a move that comes as Beijing vies to crack down on overcapacity in several industries amid deflation fears.
The closure of the eastern Chinese mine — responsible for around 3% of the world’s…

This story appeared on semafor.com, 2025-08-11 12:42:44.
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