Zangge Lithium suspends operations after government mandate

Zangge Mining announced that its subsidiary, Zangge Lithium, received a notice from Haixi authorities to immediately cease lithium resource development due to compliance issues.

The subsidiary had projected 2025 lithium carbonate output of 11,000 tons. For the first half of 2025, it expected to produce 5,350 tons with estimated net profit of 49m yuan.