Zangge Mining Halts Production in Haixi Prefecture

MT Newswires Live
17 Jul

Zangge Mining (SHE:000408) subsidiary Zangge Lithium received an order from Haixi Prefecture authorities to immediately stop lithium mining due to permit irregularities.

The company said it suspended production and is working to obtain proper approvals before reapplying for resumption, according to a Thursday filing with the Shenzhen bourse.

Shares of the miner closed 1% higher Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10