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CATL (03750.HK) Application to Cancel Land Pre-examination and Site Selection Opinion for Jianxiawo Lithium Mine Approved
2026-06-11 15:28:28 The Land and Spatial Use Control Division of the Jiangxi Provincial Department of Natural Resources recently announced that it has, in accordance with the law, approved the cancellation of the "Construction Project Land Pre-examination and Site Selection Opinion" previously submitted by Yichun CATL, a key mining subsidiary of CATL (03750.HK). A relevant person in charge of CATL said the company is currently unclear about the situation but believes it will not easily give up on the project. Yichun CATL obtained the mining rights for the Jianxiawo lithium mine in 2022 for a three-year term. In 2025, mining operations at the site were suspended after the mining license expired on August 9 last year. In December last year, an administrative licensing notice on land pre-examination and site selection issued by the Jiangxi Provincial Department of Natural Resources showed that Yichun CATL had applied for the "Construction Project Land Pre-examination and Site Selection Opinion" for the Jianxiawo lithium mining project located in Yifeng County and Fengxin County, Jiangxi Province. According to current market sources, the cancellation is more likely due to adjustments in project planning and does not mean that CATL has completely abandoned the Jianxiawo lithium mine. However, industry sources note that going through the approval process again before final resumption of production would typically take one to one and a half years, or even longer. (jl/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |