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A shutdown news ignited the lithium carbonate market, and Tibetan Mining responded: It is a mining license issue

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2025-07-17 07:56:53
On July 17, Zangge Mining announced at noon that its wholly-owned subsidiary Zangge Potash Fertilizer received a notice from the Haixi State Natural Resources Bureau and the Haixi State Salt Lake Administration yesterday ordering them to immediately stop the development and utilization of lithium resources. Zangge Mining responded that the two companies were in the same mining area, but the resources they mined were different, one was potassium chloride and the other was lithium carbonate. When talking about why lithium resources were suspended, the staff said that < b > was the issue of the mining license, and the relevant procedures could be reissued.
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