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25 Apr
11:38

Xinjiang Zhite New Material receives punishment due to abandoned purchase

The Department of Natural Resources of Xinjiang Uygur Autonomous Region announced Xinjiang Zhite New Material is not qualified as a bidder in the lithium ore auction it won earlier. It also imposed joint punishment on the company, prohibiting the company from participating in national mining rights transfer transactions for three years, Kallanish learns.  In February, Xinjiang Zhite New Material won the bid for the prospecting right of the South Lithium Mine …
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