ZANGGE MINING(SZ:000408) Zheng Quan Shi Bao Wang·2025-10-14 00:02Core Viewpoint - Cangge Mining's subsidiary, Cangge Lithium, has received approval to resume lithium resource development, marking a significant step in the company's operations and the broader lithium extraction industry [1][2]. Group 1: Company Developments - Cangge Mining announced that its subsidiary, Cangge Lithium, has been granted permission by the Haixi State Natural Resources Bureau to resume lithium resource development activities [1]. - The resumption of operations is scheduled for October 11, 2025, following a previous suspension due to regulatory compliance issues [1][2]. - During the temporary shutdown, Cangge Lithium focused on equipment maintenance, safety improvements, and staff training to enhance operational efficiency [2]. Group 2: Production and Sales Goals - Cangge Lithium aims to achieve a lithium carbonate production and sales target of 11,000 tons in 2025 [3]. - In the first half of 2025, the company reported a production of 5,170 tons and sales of 4,470 tons of lithium carbonate [3]. - The temporary shutdown lasted for 87 days, but the company anticipates minimal impact on its overall financial performance for the year [3].