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GANFENGLITHIUM/ TIANQI LITHIUM Dive 6%+ as CATL's Jinxiawo Lithium Mine Poised to Resume Production, CN Lithium Carbonate Futures Tumble
Recommend 8 Positive 23 Negative 8 |
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GANFENGLITHIUM (01772.HK) opened 8.67% lower today and once bottomed at HKD33.3. It last traded at HKD34, down 6.75%, on a volume of 8.5316 million shares, involving HKD289 million. TIANQI LITHIUM (09696.HK) also sank by over 6%. According to Chinese media outlet TMTPost, China's lithium carbonate futures tumbled by more than 7%. They last printed at RMB70,740, down 4.9%. Yichun Times New Energy Mining (literal translation of "宜春時代新能源礦業"), a subsidiary of CATL (03750.SZ) (300750.SZ), has held a meeting to specifically discuss advancing the resumption of operations at the Jinxiawo Lithium Mine in Yichun. CATL's H-share price rose by 2% to HKD439.6. AAStocks Financial News |
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