(Reuters) -Chinese battery giant Contemporary Amperex Technology said on Monday it had suspended production at a major lithium mine after its license expired, sparking a surge in lithium futures and miners' share prices.

Battery giant Contemporary Amperex Technology Co. Ltd. has suspended production at a major lithium mine in China’s Jiangxi province for at least three months, according to people familiar with the matter.

Battery giant CATL has suspended operations at its Jianxiawo lithium mine in Jiangxi province for at least three months.