Chinese miner Zangge's lithium unit resumes production after 87-day halt

Reuters10-13

BEIJING, Oct 13 (Reuters) - A lithium firm wholly owned by Chinese lithium producer Zangge Mining 000408.SZ resumed production on October 11 after being cleared by local authorities to do so, a stock exchange filing showed on Monday.

Zangge said in the filing that the 87-day production halt would have a "relatively small" impact on its annual results based on preliminary estimates.

The Qinghai province-based subsidiary had aimed to produce and sell 11,000 metric tons of lithium carbonate in 2025. It will calculate achievable output and adjust its annual plan accordingly, the filing said.

(Reporting by Yukun Zhang and Ryan Woo; Editing by Kirsten Donovan)

((yukun.zhang@thomsonreuters.com;))

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