Core Viewpoint - The company, Zangge Mining (000408.SZ), has been ordered to suspend operations at its wholly-owned subsidiary, Geermu Zangge Lithium Industry Co., Ltd., due to illegal lithium resource extraction activities, which may have limited impact on its overall financial performance [1][2]. Company Summary - Zangge Mining's subsidiary, Geermu Zangge Lithium, received a notice from the Haixi Prefecture Natural Resources Bureau and the Haixi Salt Lake Management Bureau to immediately cease lithium resource development activities and rectify the situation [1]. - The company plans to apply for resumption of production once it has completed the necessary legal procedures for lithium resource extraction [1]. - For the current year, Geermu Zangge Lithium aims to achieve a lithium carbonate production and sales target of 11,000 tons each, with an expected net profit of 49 million yuan for the first half of the year, which is a small portion of the company's overall net profit [1][2]. Industry Summary - The domestic lithium carbonate market is currently experiencing oversupply, leading to a decline in lithium prices [4]. - A report from Yong'an Futures indicates that by the first half of 2025, the oversupply of lithium carbonate will continue to exert pressure on prices, with Australian mine quotes being compressed to $600-650 per ton, corresponding to domestic lithium carbonate prices of 58,000-62,000 yuan per ton [4]. - The report suggests that the probability of large-scale production cuts by Australian mines to support prices is low, and the oversupply situation is expected to persist in the coming months [4].

江西赣州将新建一碳酸锂项目！ 据 赣州市行政审批局公告显示， 6月10日， 江西湘南新能源有限公司年产15000吨碳酸锂项目（重新报批）环评获批。 文件显示， 江西湘南新能源有限公司年产15000吨碳酸锂项目（重新报批）位于 江西大余工业园新华工业小区， 总投资21亿元 ，其中环保 投资2500万元，占总投资的1.19%。 建设内容包括 项目主体工程租赁焙烧生产区、磨粉卤水车间、电池级碳酸锂车间102、电池级碳酸锂车间107-2、电池级碳酸锂车间108等 主体工程，原料仓库1~3#、成品仓库1~2#等贮存工程，办公楼、生活服务中心、机修车间、配电房、专家楼（含化验室）门卫室和宿舍等公 辅工程，新建废气治理设施、废水治理设施（污水处理车间）、噪声治理设施、固废暂存设施、初期雨水池、事故应急池等环保工程。 项目建成后将 具备 电池级碳酸锂15000吨/年、 副产元明粉73483.25吨/年的生产能力。 此外项目建设单位为 江西湘南新能源有限公司，成立于2022年7月，注册资本 6020万元，由 湖南卓光售配电有限公司、 湖南省乡恋新能源 有限公司共同持股。 经营范围包括：新兴能源技术研发，选矿，高性能有色金属及合 ...