Lithium miners rise as prices surge after China revokes mining licenses

Albemarle

17/12/2025 15:20

Updates

** Shares of lithium miners rise after prices of the light metal surge in China

** Natural resource authority in China's main lithium-producing hub Yichun said it would revoke 27 mining licenses

** The most-active lithium carbonate contract on the Guangzhou Futures Exchange jumped to 109,860 yuan ($15,592.27) a metric ton, its highest since June 2024, earlier in the session before ending the day up 7.61% at 108,620 yuan

** Albemarle ALB.N rises 5%, while U.S.-listed shares of Chilean miner SQM SQM.N SQMA.SN gain 7%

** Canadian miners Sigma Lithium SGML.V rise 13.5%, Lithium Americas LAC.TO up 3% and Standard Lithium SLI.V gains 3.7%

 (Reporting by Utkarsh Tushar Hathi and Pranav Mathur)

 ((utkarshtushar.hathi@thomsonreuters.com))