BUZZ-Ganfeng leads slide in lithium miners on easing supply concerns

Reuters
Sep 10
BUZZ-<a href="https://laohu8.com/S/01772">Ganfeng</a> leads slide in lithium miners on easing supply concerns

** Shares of Ganfeng Lithium 1772.HK drop 8.7% to HK$33.3, leading slide in Hong Kong-listed lithium miners and related products makers

** Ganfeng on track for the biggest one-day pct drop since April 7, top pct loser on Hang Seng material index .HSCIM

** Shenzhen-listed shares 002460.SZ slip 5%

** Hong Kong stock of Tianqi Lithium 9696.HK falls 8.2% to HK$39.86, lowest since September 5

** Tianqi Shenzhen stock 002466.SZ eases 6%

** Shares of Zangge Mining 000408.SZ declines 3.4% to 53.9 yuan, lowest level since September 5

** Chinese battery giant Contemporary Amperex Technology (CATL) is expected to soon resume production at a lithium mine in Yichun in southern China's Jiangxi province, state media Securities Times reported

** CATL did not immediately respond to request for comment

** CATL suspended operations at the Jianxiawo lithium mine after a licence expired on August 9, sparking a surge in lithium futures prices and the share prices of lithium miners

** CATL Hong Kong shares 3750.HK climbs 2.6% to HK$442.4, highest level since August 29, while Shenzhen stock 300750.SZ adds 0.6% to 322 yuan

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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