Shares in lithium mining companies declined during the morning trading session. At the time of writing, Ganfeng Lithium Group Co.,Ltd. (HK: 01772) was down 4.46% to HK$53.5, while Tianqi Lithium Corporation (HK: 09696) fell 4.7% to HK$41.74.

The drop follows news that Yichun Contemporary Amperex New Energy Mining Co., Ltd., a subsidiary of Contemporary Amperex Technology Co.,Ltd. (CATL), has obtained renewed approval for its Jianxiawo lithium mine project. According to reports, the company secured the "Project Construction Land Pre-Examination and Site Selection Opinion Letter" from the Jiangxi Provincial Department of Natural Resources on June 17th, with the permit valid from June 17, 2026, to June 17, 2029.

Public records show that CATL's Jianxiawo mine was suspended on August 9, 2025, a halt that has lasted over ten months. Analysts have indicated that regaining this key approval is a significant step, signaling that the Jianxiawo lithium mine project is back on track. Based on the current progress, it is estimated that the mine could potentially resume operations in the fourth quarter of this year.