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GANFENGLITHIUM/ TIANQI LITHIUM Leap 3-4% as Zimbabwe Bans Exports of All Raw Minerals & Lithium Concentrates
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Zimbabwe's mines ministry announced an immediate suspension of all exports of raw minerals and lithium concentrates due to ongoing improper conduct discovered during the export process. The ban applies to all minerals currently in transit and is emphasized as being in the national interest. This morning (26th), the main contract for lithium carbonate in mainland China approached the day limit, spiking over 11%. Hong Kong lithium mining stocks also escalated. TIANQI LITHIUM (09696.HK) leaped 4.04% to last at $49.42, with a trading volume of 2.3252 million shares, involving $117 million. GANFENGLITHIUM (01772.HK) last printed at $69.7, mounting 3.26%, with 4.9326 million shares traded, involving $346 million. AASTOCKS Financial News Website: www.aastocks.com |
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