Australian lithium miners fall on easing supply concerns

Shares of Australian lithium miners decline to be among the bottom performers in the broader AXJO benchmark index .AXJO, which is flat

Chinese battery giant CATL 300750.SZ is expected to resume production at its Jianxiawo lithium mine in southern China, the Securities Times reported

Shares of Pilbara Minerals PLS.AX fall 15% to A$2.04, their lowest level since August 8; stock is the worst performer in the AXJO

Peers IGO IGO.AX, Liontown Resources LTR.AX and Mineral Resources MIN.AX fall 10.9%, 11.1% and 7.5%, respectively

The change in supply expectations comes after CATL suspended operations at the mine in August, sparking a surge in lithium futures prices